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: Fred Levine who wrote (2457)	8/16/2002 9:15:50 AM
From: Proud_Infidel	Respond to of 25522

Fred, Thx for posting that. Regards, Brian<eom>

To: Fred Levine who wrote (2457)	8/16/2002 10:22:21 AM
From: Cary Salsberg	Respond to of 25522

I am long AMAT and it is one of my two favorites along with XLNX, but I believe this report is a combination of some accurate facts and mostly pretty clueless analysis. RE: "Rising DRAM prices could be an early indicator that other chip categories ASPs’ are likely to stabilize in the next six to nine months, leading to a quicker order rebound than is currently anticipated. During the last two years, the DRAM industry, due to continued elusive profitability, has clearly underinvested in technology. Now that PC sales have picked up, ahead of what could be a renewed corporate upgrade cycle in 2003, we believe DRAM makers will once again come to the order table to increase capacity and technology at the leading edge. While DRAM orders were 27% of the total in Q401, dropped to 10% in Q102, and have increased to 24% of the total in the April quarter, we would expect that once the consolidation issues are a thing of the past, capital budgets will once again be freed to invest in the future. As DRAM prices are often a leading-indicator of pricing trends in other chip categories, we would expect not only continued spending on logic, but also high-density flash in 2003" I don't know what the analyst is talking about, but PC prices seem to be falling continuously. Electronics stores that match prices for 30 days, limit the interval to 14 days for computers. Last I read, MU is not moving to 300mm. DRAM is the "last war".