To: Justa Werkenstiff who wrote (27755 ) 1/17/1999 3:07:00 AM From: Jeffrey D Respond to of 70976
Justa:<<If all Jeffrey has to offer is a comparison of me to Skeeter to support his view that AMAT is valued fairly, then he can go away as far as I am concerned. Like he really cares about how I feel anyway. Pity.>> Justa, actually I do care about how you feel. I suppose there are worse things in life than being compared to Skeeter but I can't think of one at the moment. Based on your history with Skeets I just thought the similarity of your posts with his was funny. Didn't mean to offend you. Sorry if I did. I do, however, think it was a bit much for you to charge in here like an angry bear to tell us all to sell because you sold. I might or might not buy more at these levels but unless I see more than what you have put forth I'm not selling. Now, as you requested on valuation, I offer the following analysis from S&P. In their "Fair Value Ranking" system AMAT is a tier 4 level stock which, according to S&P, means the stock is moderately undervalued at its present stock price. Conversely, AMAT's relative strength is 95 which indicates an overbought condition. See the following from S&P. Jeff << Applied Materials, Incorporated Equity *Stocks in the Tier 4 category are considered moderately undervalued, with Fair Value modestly higher than their current prices. Fair Value Ranking/Price 4/56.40 Risk MEDIUM *In researching the past market history of prices and trading volume for each company, S&P's computer models apply special technical methods and formulas to identify and project price trends for the stock. They analyze how the price of the stock is moving and evaluate the interrelationships between the moving averages to ultimately determine buy or sell signals and to decide whether they're bullish, neutral or bearish for the stock. The date the signals were initiated is also provided so you can take advantage of a recent or ongoing uptrend in price, or see how a stock has performed over time since our last technical signal was generated. Technical Evaluation BULLISH since 11/98 Earnings/Dividend Rank B *An RSI of 100 suggests an significantly over-bought condition. An over-bought condition is when the security has gone up rapidly. It is often a sign that a downturn in price is expected. Typically over-bought conditions occur near the 75 level. A "Neutral" RSI indicates that the security is neither over-bought or over-sold. Relative Strength Rank 95