Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: Donald Wennerstrom who wrote (2124)	8/6/2002 10:23:06 PM
From: Sarmad Y. Hermiz	Read Replies (1) \| Respond to of 25522

Yes I do have strong feelings re options. A few years ago I had a thousand shares of Conner Peripherals at 20/sh. The went down to 12. The CEO's options were re-priced from 24 to 8, or something like that, on the reasoning that he had been promised a $500k compensation, and the options were the means of delivering it. I felt that was theft. Seagate finally put that company out of its misery with a buyout. What I found more unbelievable is that Finis Conner was again able to attract $100m in VC idiot money to start another disk drive company which went bankrupt. I can tell you that I was very pleased that his investors lost every penny of their gamble on that man. I would have been more pleased if he had gone to jail, but that was before the current era of officer responsibility. Sarmad

To: Donald Wennerstrom who wrote (2124)	8/7/2002 5:12:37 PM
From: Donald Wennerstrom	Read Replies (2) \| Respond to of 25522

The following is from Briefing.com today. <<Applied Materials (AMAT) 13.56 unch: Unlike the consensus, Soundview is upbeat on the chip maker's Q3 report (on 8/12) and remains comfortable with their $1.3 bln revenue and $0.06 earnings ests. Firm believes AMAT is likely to show an order increase of 10-15% ... for guidance, Soundview believes mgmt will err on the conservative side with a 10% order decline and a 20% decline in guidance not out of the question; maintains their Outperform rating and $25 price target.>> Don