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: Big Bucks who wrote (23983)	9/9/1998 7:02:00 PM
From: Proud_Infidel	Read Replies (1) \| Respond to of 70976

BB, To be honest, I can't say what the street has priced into these stocks for a low B2B; whether it's .55 or .65. Should there be any uptick, of course we'll probably see a 15-20% gain. If we continue to drift to the mid-low 50's though, more bloodletting may be in for those who are long, although here too one has to question what is not in the price of these stocks already. Excerpt from recent Lehman report on the equips: * Group average valuations are now down to the mid 1996 troughs, although one must still pay a higher valuation than prior trough for the premier companies. To be honest, there isn't much I don't love about this sector at these prices. Most are now down below anyone's low price target for the year. A turnaround is inevitable; one must simply wait. I will be adding to my position in ASYT or LRCX later this week. I think this best describes the current valuations: Too many princesses and not enough lips BK