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


To: Math Junkie who wrote (28385)2/17/1999 4:26:00 PM
From: Michael Ohlendorf  Read Replies (3) | Respond to of 70976
 
I told you !! The stock will definitely go down. The excitement will vanish. Plain truth is that the valuation is just unreal !! The Dow sits on a cliff here if the market drops more AMAT will follow. I bet we will see the 50s again. I would not touch the stock here. I would buy in when the NAZ seems to have really bottomed. My feeling is we will have to go down some more for this. There is still no panic selling going on and loud screaming. That has to happen before it is all over.



To: Math Junkie who wrote (28385)2/17/1999 4:30:00 PM
From: Duker  Read Replies (1) | Respond to of 70976
 
<<Looks like the desperate shorts finally made a little headway in talking this stock down. Very little. <G> >>

Richard,

You have to annualize the gains that they made today ... if you can string together +.34% every day for a year ... your annualized return would be +245%! Right?

--Duker <g>



To: Math Junkie who wrote (28385)2/18/1999 12:25:00 AM
From: Paul V.  Read Replies (2) | Respond to of 70976
 
Richard, with the swings that AMAT makes it appears that Tito's stair step approach is righ on. Tito's has good judgement of watching AMAT at thes prices at AMAT stair steps to $100.

In my judgement shorts are taking a extreme that these levels.

Just my opinions.

Paul