SI
SI
discoversearch

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: Big Bucks who wrote (6734)8/13/2003 10:40:49 AM
From: Proud_Infidel  Respond to of 25522
 
Remember in 2000 we had record revenues and earnings later in the year, and still AMAT(the stock) was being sliced? We have the same here only in reverse. Not strange at all really IMO, as I have said that coming off an historic downturn, whenever the turn was made, valuations would appear absurd for some time. The valuations appeared absurd when the background fundamentals were deteriorating, but in fact the market was telling us something, and correctly.

BK



To: Big Bucks who wrote (6734)8/13/2003 10:41:16 AM
From: BWAC  Read Replies (2) | Respond to of 25522
 
None of that matters. AMAT might average 60 cents a year through an entire cycle, top to bottom. That doesn't justify this price, the eventual high price, or the eventual low price. All that matters is that someone can be convinced to buy high or sell low by the broker pimps. And that someone else can make a quick dime trading against them.

So? Why bother even calculating a PE or a BTB? It just doesn't matter.


HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2026 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News