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: Cary Salsberg who wrote (8606)	1/27/2004 11:30:16 AM
From: Kirk ©	Read Replies (1) \| Respond to of 25522

Thanks for the update. On my site, two of the bears love to short NVLS... I expect them to crow soon. Perhaps that will be the time to buy? -g- Have you updated your targets for AMAT? I have LRCX between $40 and $100 depending on P/E exuberance. Kirk

To: Cary Salsberg who wrote (8606)	1/27/2004 11:40:55 AM
From: Kirk ©	Read Replies (1) \| Respond to of 25522

BTW, are these still your fav 8? AMAT ALTR ASML KLAC LLTC MXIM NVLS XLNX Chart: stockcharts.com\|B\|C20 Thanks

To: Cary Salsberg who wrote (8606)	1/27/2004 12:54:18 PM
From: Ian@SI	Respond to of 25522

re: I saw a divergence between what ALTR said and what Merrill Lynch reported which supports my belief that analysts have a tenuous grasp of the businesses that follow. Reminds me of the KLIC conference call. At the moment that Scott started talking about next Q's B2B, the bids disappeared on LII quote system that I was following and the share price sank rapidly. It still hasn't recovered 1 week later. What Scott said was: 1. Backlog is higher than he likes. 2. Thus lead times are stretching out. 3. Risk of losing sales with this level of backlog. 4. During the current Q, KLIC will work off the backlog. 5. Thus Billing will rise faster than orders, though he expects both will go up. 6. Thus B2B may be less than one if he is successful at getting back to being primarily a turns business. Unfortunately he didn't give those facts in that order. He started off the conversation with "Don't be too surprised if B2B comes in at less than one this Q." I suspect most of the institutional investors didn't hear the explanation,nor do they care. FWIW, Ian