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

To: Justa Werkenstiff who wrote (27730)	1/15/1999 6:11:00 PM
From: Math Junkie	Read Replies (1) \| Respond to of 70976

The last time I bought in this range for a day trade was in October 1997, and it ended up turning into a buy-and-hold-for-the-recovery, and I almost got a margin call.

To: Justa Werkenstiff who wrote (27730)	1/15/1999 6:18:00 PM
From: Justa Werkenstiff	Read Replies (3) \| Respond to of 70976

I hate to bring up fundamentals but AMAT is at a P/B of 5 plus with a historic high in the past five years of 5.3. It has a P/S of 6.1 compared to a five year historic high of 6.8. Plus, I see no real bears on this thread anymore. This triggers my AMAT thread contrary indicator which marked the bottom in the low 20s. Looks like everyone is bullish. Staircase to heaven is the view here. AMAT is a money making machine. It has become like a Wade Cooke seminar here. Greed is the thinking here of late with a total absence of fear.

To: Justa Werkenstiff who wrote (27730)	1/15/1999 9:22:00 PM
From: Jeffrey D	Read Replies (3) \| Respond to of 70976

Justa:<<I am out of all these large cap semi equips as of today. What a nice boatload of money for a three month sector recovery without any huge improvement in fundamentals. Can these go higher? Sure. There are always greater fools out there especially in this market.>> Skeeter:<<overvaluation doesn't help, either. gravity gets stronger and stronger the higher these stocks go w/o a corresponding fundamental change to support them. of course, nobody talks fundamentals anymore...>> Hard to believe you two don't want to post to each other since you both seem to be on the same page. So glad AMAT, AMAT's terrible fundamentals and the greedy AMAT "longs" have brought you two closer together. Makes for a kinder and gentler thread. Jeff