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.

Politics : Formerly About Applied Materials -- Ignore unavailable to you. Want to Upgrade?

To: Sam Citron who wrote (9461)	10/24/1997 1:58:00 PM
From: sam	Read Replies (3) \| Respond to of 70976

Morgan Stanley and UBS (or their clients) appear to be buying into weakness now. They were selling big time earlier. (Isn't UBS the bank that stole all that Nazi gold?)

To: Sam Citron who wrote (9461)	10/24/1997 11:36:00 PM
From: Cary Salsberg	Read Replies (2) \| Respond to of 70976

Sam, Congratulations, you have joined all the other "know it alls", both long and short, on this thread. RE: "...Morgan's cc is a coincident indicator, not a leading one." This is plain wrong! The rest of the world does bean counting, but Morgan sits and talks, confidentially, with his customers, most of the semi fab owners in the world. Before Morgan's conference call, July to November (4 months), AMAT moved from 22 to 30. After the conference call, November to August (9 months), AMAT moved from 30 to 108! I believe it is a disservice to other thread members to refer to my methodology and behavior without explaining that my "BLOOD" prices for AMAT ranged from approximately 1/2 to 1/3 of the current price and they did not assume any level of near term future sales and earnings. Cary