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Strategies & Market Trends : Zeev's Turnips - No Politics -- Ignore unavailable to you. Want to Upgrade?


To: sylvester80 who wrote (72088)5/28/2002 2:32:39 PM
From: Softechie  Read Replies (1) | Respond to of 99280
 
Earnings looking up? Comparing to Price? P/E ratio is worst in history...think about it.



To: sylvester80 who wrote (72088)5/28/2002 2:37:50 PM
From: Alex MG  Read Replies (1) | Respond to of 99280
 
sylvester80, are you just a spamwhore depending on your current position in the market, or do you really think stocks are cheap?

Kinda the same game the analysts and crooks play like the Goldman semi-epuip upgrade/downgrade

AMAT upgrade on May 13, "...Analyst James Covello raised his 2002 estimate to 37 cents from 34 cents, and increased 2003 to $1.00 from 85 cents. Covello, in a research note, cited a stronger-than-expected recovery in orders and this Thursday's release of the book-to-bill ratio.<<<

AMAT ended the week at $27.31, note that this was options expiration week ;^)

then the DUMP last week

RESEARCH ALERT-Goldman cuts chip equipment sector

NEW YORK, May 24 (Reuters) - "...Analyst James Covello wrote that he feels "more comfortable on the sidelines" until the industry's end-demand outlook becomes clearer.