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: Jacob Snyder who wrote (26469)	11/18/1998 5:31:00 PM
From: Gottfried	Read Replies (2) \| Respond to of 70976

Jacob, you returned just in time before we sent out a search party. :) I doubt a Gulf war would cause a drop of 2000 DOW points, even though the one in 1990 caused that size drop [percentage wise]. My reason is in '90 the opposing force was an unknown, now it isn't. DOW chart... averages.dowjones.com Re >at current valuations, there is nothing to do but wait till the fundamentals reassert themselves. I reiterate my hold rating on AMAT.< Maybe the fundamentals won't reassert themselves for a long time. I would prefer they would, because then I'd have a chance of understanding stock prices. But I can't afford to sit on the side lines till they do. No quibble with your hold rating. I appreciate your posting your thoughts! Gottfried

To: Jacob Snyder who wrote (26469)	11/18/1998 7:50:00 PM
From: blake_paterson	Read Replies (1) \| Respond to of 70976

Jacob, re: <<review of earnings report and bottom indicators>> I agree, especially w/ your sections #3 and 4. #3 Adjusting for delays and cancellations, the real (net) BTB should be about 0.8-0.9. I don't buy this >1 stuff. #4 Yes indeed. They didn't earn $0.07 this Q, they lost $0.51!! But what does any of this matter regarding the stock price? Once the brokerages decided to guarantee themselves a seat at the dinner table before it was too late this time, reality went out the window. Now its all in the hands of artificial (common stock) supply and demand relationships, regardless of whether its a V shape or a flattened W shape bottom. But the "bottom" is here. Key point. BP