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

To: Jacob Snyder who wrote (21510)	7/10/1998 10:14:00 PM
From: tr	Read Replies (2) \| Respond to of 70976

I have been following this thread for some time, and am intrigued by the range of sentiment. I realize that many individuals are looking for short term gains, and I certainly have no objections. Personally, I am buying AMAT stock for my kids college education. My oldest child starts college in 13 years. I bought 1/3 of what I want to contribute to AMAT at 29 1/2 and plan to average down. I am happy to hold this stock for at least 10 years, and feel that buying at these levels is a "no brainer" if you are holding that long. I wish all of the traders and shorts the best of luck, but feel that my long term hold of AMAT will allow me to laugh all the way to the bank. In fact I hope that AMAT drops to the basement, so that I can sell the farm.

To: Jacob Snyder who wrote (21510)	7/10/1998 10:16:00 PM
From: 16yearcycle	Read Replies (1) \| Respond to of 70976

A snip from The Street.Com. We may have found an honest man: the analyst admits to being long but says business may not turn until 2nd half of 99. --------------------------------------------------------- Top Stories: Surprise! Applied Materials Preannounces By Eric Moskowitz Staff Reporter 7/10/98 6:19 PM ET As TSC predicted yesterday, semiconductor equipment leader Applied Materials (AMAT:Nasdaq) said it won't meet earnings estimates when it reports third-quarter results Aug. 11. Steve Wing, an analyst with the Colorado-based money management firm American Frontier Financial, says that after talking with one of Applied's biggest customers -- Helix Technology and its financial chief, Michael El-Hillow -- things might not get better for Applied Materials for a while. El-Hillow "thinks things for AMAT won't be getting better until the second half of 1999," says Wing. "The equipment companies still are having excess inventory problems from building up all that manufacturing capacity in 1994 and 1995." Still, he adds, there is such value at the Santa Clara, Calif., chip-equipment maker that his firm is buying the stock on this bad news. "We think on an 18-month price horizon this stock can double or even triple from these levels," says Wing, whose firm has a long position on the stock, which rose 1/2 to close at 29 1/2 Friday.

To: Jacob Snyder who wrote (21510)	7/10/1998 10:17:00 PM
From: Cynic 2005	Read Replies (1) \| Respond to of 70976

JS, I have been watching this company for nearly 3 years. Till late 1996 Jim Morgan used to shoot it straight. Then he budged to the Wall Street greed. In my books he now has as much credibility as Compaq's Pfeiffer. Since when cycle bottoms are made within 6 months of peaks (not to my contention, per which the peak was in mid 1996)? One has to be absolutely stupid to believe him. -MMV

To: Jacob Snyder who wrote (21510)	7/10/1998 10:23:00 PM
From: Big Bucks	Respond to of 70976

Jake, Jake said:"Now they've been pushed back again to their last and strongest defence line. If it is broken, the enemy will advance deep into previously safe territory." They are about to be over-run and will fall back to the next defensive position. The "real" bottom should occur in Oct/Nov if the markets correct like I think they will. Oct '97 may repeat itself, be ready. BB