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

To: Proud_Infidel who wrote (2379)	8/14/2002 11:26:34 AM
From: Jeffrey D	Read Replies (1) \| Respond to of 25522

<<I used to respect Jim Morgan. I used to think that he wouldn't talk bullishly if there wasn't something bullish happening. I used to think he was an honest arbiter and not a cheerleader. >> Cramer sucks. He will be the first one buying if his rants can knock AMAT's price down some more. That's fine by me because I do have cash and I will buy more. Jeff

To: Proud_Infidel who wrote (2379)	8/14/2002 11:46:45 AM
From: Bob Kim	Read Replies (1) \| Respond to of 25522

I am only posting this to show how truly idiotic Cramer is.... Cramer, September 2000 in Slate: As far as the individual analysts, oddly, Blodget is not a good example of a shill, he is just a good example of an honest guy who got caught up! He never got any investment banking business from the companies he pushed, nor did he want any. The shame is that he actually believed and just got it wrong. He is the honest but wrong Fortune Teller. Cramer, TheStreet.com 11/19/98: So, let's take the CNBC interview Wednesday morning with Jim Morgan from Applied Materials (AMAT:Nasdaq - news). Here's my bias: When I toured several Intel (INTC:Nasdaq - news) plants earlier this decade, they were chock full of Japanese machines. Now they have American machines in them, many of them made by Applied Materials. Although I am not long Applied Materials, I tend to want to be optimistic about the company because of what Morgan has accomplished. I am proud that an American company took back the mantle for this important high-tech arena. I want to give him the benefit of the doubt. I can't give him a free pass because that would be a waste of everyone's time. So I tend to ask him questions about overall demand instead of company-specific demand. Mark Haines, on the other hand, knows that business is a competitive landscape. He is driven by the need to assess how Applied Materials is doing vs. its competitors. Is he wrong to do so? Absolutely not. In fact, I would argue that if Haines didn't ask those questions, you wouldn't watch the show. He doesn't create bogus competitors or worries, he just asks questions that would indicate whether the company is winning or losing share. It takes both to figure out what's going on. Where it gets tougher is when something smells bad. Both Haines and my colleague Herb Greenberg are often thrust into situations where companies are making claims they can't live up to or boasting about things that can't or aren't true. Morgan and AMAT get treated with a higher standard deserving of their stature. But a K-tel (KTEL:Nasdaq - news) deserves no such stature. Nor do companies that have had problems with their books or troubles with inventory management. Cramer, TheStreet.com 11/18/98: Applied Materials (AMAT:Nasdaq - news) is another tough one that I am glad I don't have a position in. It was cautious but it beat numbers. The stock has run up in advance of a good number and outlook, but the company just won't give you that warm-and-fuzzy feeling. Clearly better than HWP though.