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


To: Sam Citron who wrote (65106)7/26/2002 12:18:12 AM
From: Cary Salsberg  Read Replies (2) | Respond to of 70976
 
I don't look at P/B for the 4 semis. I look at sales and earnings.

There is no "secular bear market". The "bubble tailwind" first affected them in 1998. This is not a "cycle", but a bubble aftermath.

There is no requirement that we get to the "mother of all buying opps". I have bet that we will not. My bets have not looked great lately.