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

To: Donald Wennerstrom who wrote (2167)	8/7/2002 9:07:35 PM
From: Jerome	Read Replies (2) \| Respond to of 25522

Well lets see if I got this right? Accoring to your post the average target price for AMAT is $30.00. (about a year from now). AMAT at $30.00 a share implies a huge rally in the tech stocks... Did any of these nitwits happen to explain what was going to cause this huge rally in the tech's? Secondly virtually every CEO and CFO is claiming to have almost no visibility beyond the current quarter. So where do these analysts get this infra-red vision??? Are these the same guys that liked WCOM, DYN, DIS, ENRON, TYC, GE, at $50.00 a share?? In my opinion something drastic (opinion and perception wise) will have to change in the market place for there to be a prolonged rally in the tech's. Don, thanks for posting the link...I won't bother to print it since there is plenty of ****** paper in the house. No offence meant...this markets putting me in a nasty mood..I need to get a hangover to improve my vision. JMO...Jerome