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


To: Jeffrey D who wrote (5869)3/18/2003 3:59:10 PM
From: Kirk ©  Read Replies (1) | Respond to of 25522
 
Post the announced cuts, Applied will have the same number of employees as the '98 trough but revenues are 63% higher.

1998 trough stockcharts.com[w,a]dhclyymy[d19970601,20021231][pc200!c50!i!d20,2!b100!b200!f][vc60][iut!Uo14!La12,26,9!Lh14,3!Lc20]
was $5.39

1.63 x $5.39 is $8.79

If people start to buy heavy 20% before that... it explains heavy support at $10 and gives good reason as to why we probably bottomed since "everyone" believes that AMAT will return to higher profits someday.

Kirk