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: Fortinwit who wrote (26443)	11/18/1998 1:22:00 PM
From: 16yearcycle	Read Replies (2) \| Respond to of 70976

If it turns out that the business did indeed bottom, we will still see a pullback on any hint that it will be a slow recovery process, or that Asia is having to pull back in. The question is what price will be achieved first, before a correction. we had a strong pullback in the spring of 97, on the road from 22 to 108. It allowed the crowd back in at the mid 40's level as I recall. My hypothesis is this: when AMAT has a 1.00 quarter, the stock price will be at 120. Fantasy Land follows this path: .10, .12, .18, and .25 in the next 4 quarters. Then .35, .40, .45, .55. Lastly, .65, .75, and a final scramble to 1.00 a quarter or two after. Business will look strong going forward as new plants are being built at a feverish pace 3 years from now, but that will be time to step off the coaster. You know we are in a manic stage again when bozo's like me start with the 120! stock price crapola.

To: Fortinwit who wrote (26443)	11/18/1998 4:20:00 PM
From: Justa Werkenstiff	Read Replies (1) \| Respond to of 70976

Fortinwit: I think you are the only bear left on the thread and that concerns me. Seriously, your analysis brings this thread down to ground level especially in light of all the posts analyzing AMAT like it is a money machine. People here are counting their profits already and are thinking of ways to spend them. Soon some will start to compare valuations of these stocks to the internet stocks and beg for higher AMAT valuations. I look forward to a pullback in this sector.