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: jtechkid who wrote (18525)	4/3/1998 11:38:00 PM
From: ET	Read Replies (1) \| Respond to of 70976

hey kid.....give it a rest.....you have been posting your negative slanted comments on the semi.and equip. companies for awhile now...HELLO,wakeup,dow 9000,many if not all the companies you post about have been crankin up,....ouch........ ...i sure hope you don't trade as poorly as you "read" the market....jmo.....you are my new contrarian indicator,thanks.........

To: jtechkid who wrote (18525)	4/4/1998 11:37:00 AM
From: Proud_Infidel	Respond to of 70976

Re:the key right now is liquidity in the marketplace. if the market remains with this bullishness than techs will not get beat that bad Hey kid, A first! I agree with your statement that liquidity/momentum are the only things propping up AMAT at the moment. Because its a relative bargain comapred to the rest of the market, we are now seeing sizable inflows into the sector. IMO this will stop later this month once people begin sending in their checks to their mean old uncle....Sam, that is. But if the market can prop up these ailing techs long enough we may not see the low 30s again, since AMAT's projected FY99 eps is in the $2.00 range. That means it's currently trading at 19X FY99 earnings, in a market with many growth stocks(MSFT, LU, AOL ....) trading well above that. If the market truly looks 6-9 months out, then FY99 eps should begin to be the overwhelming determinant of where we are headed. FWIW, IMO there are too many people fretting about what will happen this/next quarter. With the market assigning higher valuations, it is also looking farther out. Careful out there :-)) Regards, Brian