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

To: semi_infinite who wrote (5344)2/5/2003 6:37:30 PM
From: Jong Hyun Yoo  Respond to of 25522
 
I don't intend to add any more AMAT to my holding as I have
enough shares. Although price of AMAT shares have
depreciated due to earning warning, at current price, it
does not appear to be bargain yet. Unless outlook for
the whole sector improves, the shares seem expensive
based on PE ratio. AMAT does have 6 billion in cash so
downside from here is probably not huge. One can probably
add more to his/her holding if the price dips below $10 for
a good long term gain.


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