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

To: Big Bucks who wrote (14876)	5/10/2005 10:33:50 AM
From: BWAC	Read Replies (1) \| Respond to of 25522

"As I see it now, AMAT would need to significantly increase its current sales volume and revenue generation to justify a doubling from the current price. " And etc. deep thinking and reasoning. -------------------------------------------------------- Throw it all out with the trash. Mr Algo Rithm is all that matters. When Algo wants AMAT to double, he will just adjust his Rithm accordingly. And THAT is all you need to know or even think about. Mr Algo Rithm. PE, Shares outstanding, buybacks, industry news, and such are just noise in a markIT dominated by competing algorithms, all programmed the same, all flipping in volume between each other, banking fractional pennies a share x 20 million shares a day. Day in day out.

To: Big Bucks who wrote (14876)	5/10/2005 10:49:06 AM
From: Proud_Infidel	Read Replies (1) \| Respond to of 25522

Re: if you look at a 5 year chart of AMAT you can see that the stock price has tended to trend down in a hyperbolic fashion since 2000. We've seen lower highs on each successive market/industry rally and the stock has been in a declining trend over the last year, even while other stocks have improved in value on increasing earnings that have followed moves of the US and global economies. Yes, there is some dynamic that is preventing AMAT from realizing higher stock prices.... I have postulated that it is because of excessive share availability, and market dynamics. A supply and demand issue. No one has presented another option/reason for this contrary occurance The whole sector moves virtually in tandem and you are separating out AMAT?!?! No offense intended, but it sounds as though you just started following this sector last week. And please note that even though INTC is down in a similar fashion to AMAT, it is well above its 2000 levels in revenues, along with with the SOX components hitting record global IC sales. finance.yahoo.com

To: Big Bucks who wrote (14876)	5/10/2005 11:07:09 AM
From: Return to Sender	Read Replies (1) \| Respond to of 25522

Did you actually look at a five year chart of AMAT before writing that post? Here is a chart going back to 1996. stockcharts.com[w,a]maclyiay[d19960101,20051231][pb10!b20!b80!i!d20,2!f][vc60][iLa12,26,9!Lp14,3,3]&pref=G Note the October bottoms in 1998 and 2002 that led to multiple month advances. RtS

To: Big Bucks who wrote (14876)	5/10/2005 11:20:56 AM
From: Return to Sender	Read Replies (1) \| Respond to of 25522

Stocks in this industry are treated as cyclical plays by institutional investors. They control the direction of trading especially in the large cap stocks like AMAT. The size of the float of any stock is a factor but does it really that much to do with where AMAT trades compared to economic cycles and the whims of institutional investors? Not much... There are other reasons why technology stocks lead the market out of a recession or recessionary scare but institutional buying is what leads to a multi month advance. Tops on the other hand often occur after a peak number shows up for ISM Index: investorshub.com RtS