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

To: Proud_Infidel who wrote (2152)	8/7/2002 10:13:28 AM
From: BWAC	Respond to of 25522

<We have fallen 50% in the past 3 months; what disconnect are you seeing?> The rip cord has become disconnected from the parachute

To: Proud_Infidel who wrote (2152)	8/7/2002 10:45:40 AM
From: Jerome	Respond to of 25522

>>>We have fallen 50% in the past 3 months; what disconnect are you seeing?<<< The business outlook is improving and the stock price is deteriorating. Jerome

To: Proud_Infidel who wrote (2152)	8/7/2002 11:19:15 AM
From: Jeffrey D	Read Replies (1) \| Respond to of 25522

Brian, on you r profile you say this about your investing style: "Buy at points of maximum pessimism and sell at points of maximum optimism. I am usually too soon on the former and too late on the latter." Seems like a good theory if it is possible to do it. I certainly don't know where the bottom is in all of this but I have not heard one thing from AMAT leading up to their earnings next week that could be termed a "warning." You might recall the flurry of press releases from AMAT in July announcing new products and services. Nothing since then. You might recall Goldman Sachs astonishing announcement that the sector would not improve until AMAT "admitted to themselves" that the recovery was not here. I did not see AMAT run out and make such an admission. Perhaps their guidance next week will satisfy Goldman's wish. We will see. In the meantime, I am buying some AMAT this week. We might not be near "maximum pessimism" but it sure feels close. Best regards, Jeff