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Politics : Formerly About Applied Materials -- Ignore unavailable to you. Want to Upgrade?


To: orkrious who wrote (64011)5/24/2002 2:23:12 PM
From: advocatedevil  Read Replies (1) | Respond to of 70976
 
RE: "AD, you think a P/S of 6 is low? I reiterate my belief that virtually all of the semi equips (and all of the big ones) will break their Sept lows."

Ork, You know that AMAT is almost always overvalued! Are you suggesting that fundamentals like P/S are significant to this two-timin' gal? Geez, at any moment she could look at that number, sweet talk it up another 50% and at the same time give us dark-side traders a big lovin' squeeze! <g>

FWIW, I remain holding onto my negative bias over the short to medium term, but if she want's to give it up below $22.50, I'll be a knockin' on the back door for some action.

AdvocateDevil