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

To: Teri Skogerboe who wrote (17478)3/10/1998 12:55:00 PM
From: Big Bucks  Read Replies (2) | Respond to of 70976
 
Teri,
Finally somebody got it right!! I found this particularly interesting,
wonder why it takes the analysts so long to figure these things out?

If a trend develops that will show earnings growth is slowing - if Intel is the beginning of a trend rather than an isolated case - investors will hesitate to buy stocks (with the Dow) at 8,500,'' said Ascani. ''When investors buy stocks, they're paying for earnings, and if earnings are slowing, investors can't buy stocks at 8,500 and expect them to move higher. That's compounded by the fact that the Asia contagion hasn't really hit us yet, and that's major.

BB



To: Teri Skogerboe who wrote (17478)3/10/1998 1:52:00 PM
From: Ling Chen  Read Replies (1) | Respond to of 70976
 
Looks like it's not good time to invest in semiconductor stocks.
I just heard AMAT is going to shutdown 3 weeks instead of 2 weeks.
KLAC also plans to shutdown. I like AMAT but I would like to buy
it at lower price. I think it probably will go to $26-$28 range again.


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