To: Marc Trombella who wrote (17532 ) 3/11/1998 6:04:00 PM From: jtechkid Read Replies (1) | Respond to
mark,why don't you do you homework before you start flapping your gums, ibes or or first call estimates of the s&p will show the worst growth since 1990=and estimates keep coming down dramatically. regarding first call, if you noticed pe ratio are bordering at all time high but we are showing the worst year over year growth since 1990. here is a list of a few companies who's earning have been reduced sharply-intel,amat, svgi, klac,klic, txn. cpq,lrcx, mu, egls,tsemf, mot, . motorolla said its semi business was not good and said it was the cause of their shortfall. book to bill ratio in almost every major or minor semiconductor is under 1 right now. how much is asia really going to effect these companies? again numbers this year will not be great in the semiconductor group your looking at 5-25% less growth. i mean have you seen all the pre announcements and they do not matter right. . SUCKERS RALLY- i have been short doing real well. those are the facts. by the way, i think kurlak is right and i know he is lot smarter than you. amat 52 cents -sequentially reduced to 35 cents-next quarter-i think amat will guide numbers in the august quarter to around 25-28 cents. i don't think amats book to bill will break 1 untill at leat the fourth quarter. imo- you have to agree with me eps are not looking good right now and looks like they will get worst before the get better. thats not a surprise i think. what i have been saying is wall street will not be patiece with these companies until 1999. in semi companies their stocks usually go to high during booms and to low during downtrends. at this time i don;t see that with amat. thats it. i love amat but don't think the stock can't go 22-26 dollers in the short term. as i've said since 38 i see it going to the 20's before the 40's. again i'm a position trader. just my imo nothing personally.
