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: akidron who wrote (17260)	3/7/1998 8:48:00 PM
From: Marc Trombella	Read Replies (1) \| Respond to of 70976

what do you say to yourself that would convince a doubter like me to buy AMAT. Let me just sat this. I'm not saying the stock will not go down. But relative to the market, which in my opinion is over bought, AMAT is either fairly valued, or slightly below. Has AMAT set a new high like DELL? Hell no. Does DELL have downward risk? Hell yeah. I would rather risk another 20% correction in AMAT, than buy into a rather over bought market. The only other save place is to go 100% cash. The lower AMAT drops or hits, the higher it springs back up, like a rubber ball. To me, 6 points down will be peanuts, where people that are waiting will more than likely end up buying 6 points above the bottom on the way back up.