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

To: Berk who wrote (8270)	12/10/2003 8:50:41 PM
From: Proud_Infidel	Read Replies (1) \| Respond to of 25522

Hi Dick, I will leave this to the TA guys as I really do not follow the relative strength of any given stocks throughout a cycle. Brian

To: Berk who wrote (8270)	12/11/2003 2:37:24 PM
From: Jong Hyun Yoo	Read Replies (2) \| Respond to of 25522

So far buying pattern for chipmakers has been limited to technology related buys especially in the copper integration area and sub-100 nm processing area. Copper technology related buys peaked in the early this year and chipmakers probably have goos idea of which tools to ramp up if there are needs. For sub-100 nm processing, chipmakers are still actively buying for their research fabs. LRCX and ASML probably are benefiting from chipmakers purchase in sub-100 nm processing area where lithograhy and subsequent etching capability are the keys to success. For LRCX, there seems to be market share gain in the critical etch area against TEL and AMAT although AMAT and TEL both claim that their market position is getting stronger. LRCX and ASML will continue to perform well, I believe. But when the broad capacity buy resumes, AMAT will also benefit as the company participates in virtually in all areas of semiconductor processing. Also during this downturn, the company has lowered its operational cost so we may see good earning leverage as revenue picks up. My favorite stocks in the sector still remain with LRCX, NVLS, and KLAC. But I believe there is still much upside potential with AMAT share price from current level.

To: Berk who wrote (8270)	12/13/2003 5:24:43 AM
From: robert b furman	Read Replies (1) \| Respond to of 25522

Hi Dick, Hope all is well. Going off memory here - In 98 Intel bottomed in June.Amat bottom the first week of October.Cohu went thru a final shakeout and hit a fresh low 2 weeks later (12 intraday) on 10/16/98. We may well be in just such an exciting time right now.Cohu dipped on Wednesday and momentarily violated it 200 moving average, I'm hoping for a second and final dip next week. From the many posts referenced on this thread it appears a broadbased,global resumption in chip demand has restored normal margins and product shortages in select segments. Soon all SCE's will confirm expanding backlogs.Historically prices will have already popped up by then. I've rebalanced my holdings slightly and added to my Cohu holding.I believe it is a great value that has lagged.Management's writeoffs have been (as usual) extremely conservative and they are now poised for surprising profitability into 04/05. JMHO Bob