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

To: Robert Einstein who wrote (21632)7/12/1998 3:46:00 PM
From: dave db  Read Replies (1) | Respond to of 70976
 
Robert, Remember that the chart you are reading is split adjusted. It hit 22 in 1996 the went to 106 and split. It had the same cycle two years prior to that. i am in agreement that this is different. The last time AMAT cycled it was poor BTB in DRAMS, now it is no customers. I think this is more critical. Chips and chips manufacturing are the future, it is not going to go away------- This is not Boston Chicken----- it is the worlds way of life.

Thanks

Dave



To: Robert Einstein who wrote (21632)7/12/1998 11:05:00 PM
From: Paul V.  Read Replies (1) | Respond to of 70976
 
Robert,>. . .I say that AMAT will see $15, if not immediately (week or so ), then sometime in the fall. It hit close to $10 in 1996.< <:> FALSE In absolute yerms AMAT has never hit $10 since 1991. In 1991, in absolute terms the low was $19.2.

Just my $.02.

Paul V.


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