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

To: Duker who wrote (23438)	8/27/1998 12:45:00 PM
From: akidron	Read Replies (1) \| Respond to of 70976

you kinda miss my point. Amat has already spent $500m + on a mistimed expansion, and compounded the problem by hiring then firing too many people, as I also believe that the company will be be bleeding cash for at least 3 quarters, I'm supposing that AMAT will eat into this cash reserve. Additionally I suppose that account recievables are a mess as their customers don't have any money and cannot borrow any, and even those secured by gaurantees are not sure if lenders go belly up so I'm guessing that we will see a write off of these too. I am not saying and have never said that AMAT won't recover, just that the bad news isn't in the price, and won't be tell we're knocking on 20's door..... FYI, have you noticed that INTEL is now treated as a value stock, not a growth stock.