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


To: Jerome who wrote (2150)8/7/2002 10:10:00 AM
From: Proud_Infidel  Read Replies (3) | Respond to of 25522
 
AMAT/INTC/CSCO.... share price relationship is sketchy.


INTC and AMAT are highly correlated and have been forever. CSCO is a proxy for the networking sector, and if it is recovering faster than people had anticipated, it should be no surprise that AMAT will benefit as more routers mean more chips which translates into more fabs down the road.

Right now we have a disconnect between the outlook and the stock prices

We have fallen 50% in the past 3 months; what disconnect are you seeing?

Brian