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: Jeffrey D who wrote (30227)	5/17/1999 3:15:00 PM
From: Sun Tzu	Read Replies (1) \| Respond to of 70976

I don't think the Fed will change its bias. That should cause a short term pop in the market. SSB are bunch of morons who...nevermind. Let's just say that I used to work there and know how they make the sausage. It is not appetizing. Unless AMAT report 38cents or better or has BTB of 1.45, or makes some kind of major strategic announcement, then I don't see enough risk adjusted returns in the stock to buy it here. I may change my mind in another quarter or two. Now I would possibly hold on to my position if I had bought it in low-mid 30s, but I was not quick enough. Either way, I would not add to the position right now. Instead, I would consider ASML and TQNT for a large and small SemiCap stock. Sun "finaly back from the airport" Tzu

To: Jeffrey D who wrote (30227)	5/17/1999 3:40:00 PM
From: Tito L. Nisperos Jr.	Read Replies (1) \| Respond to of 70976

Jeffrey and Others, RE "Hmm, looks like Tito's AMAT construction workers might be working overtime if that happens. It was Exactly Three months ago (on Feb. 17, 1999) that AMAT hit the All Time High Price of 71 5/8. The last time the stock stayed in a 3 month trading range is in August to October 1997 which resulted in the decline of about 63% for the stock... That was in Summer --- the season when stocks either Bottom or Top depending on the Mood of the Market that year... We are in Spring right now, about halfway to the Top of this Bull Market... AMAT does not stay for a long long time in one place, either it goes drastically lower or higher. That we can see after the Earnings Report tomorrow... The whole Market will be On Watch for AMAT. Now at 63 9/16, the AMAT Construction Workers are indeed working OverTime!