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Technology Stocks : Applied Materials No-Politics Thread (AMAT) -- Ignore unavailable to you. Want to Upgrade?

To: Sarmad Y. Hermiz who wrote (2028)	8/2/2002 12:02:29 PM
From: Gottfried	Read Replies (2) \| Respond to of 25522

Sarmad, darn. Another cliche shot to heck. Nothing left to do but feed the neighbors cat and walk the dogs. Gottfried

To: Sarmad Y. Hermiz who wrote (2028)	8/2/2002 12:13:53 PM
From: BWAC	Read Replies (1) \| Respond to of 25522

<I don't know when prices will go up, but I'm determined to wait it out.> Its kinda getting to the point that if you are a buyer, how much better price can you get? For the long run. I guess everyone thinks they can get it lower. And substantially lower or else why assume the risk that you'll never get it bought low? Cause you were away from the computer, weren't paying attention, etc. First hint of good news and the buyers will be paying $20 for AMAT. I don't want to pay $20, that has increased the risk by 50% at least from today. I want to pay $13.26 today, so I can be ready for later. If $13.26 isn't the bottom thats fine with me. I have no delusions that it is. Tech and IT spending have fallen off the cliff for two years now. Corporations have been following the dive with layoffs, downsizing, expense reductions, capacity reductions, etc. Key word is "following". Just now Corporations have begun top reach breakeven to slight profits on the severely reduced level of sales. I suspect and expect that Corporations will continue to cut this quarter as well. If/When sales stabilize or increase the Corporations will once again be following. Only this time leaner. Following demand, following increasing profits, following adding tech and IT spending, following adding employees........ and we'll all be following the increasing stock price. Until the whole viscous cycle starts down again in a few years.