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Applied Materials, Inc. Message Board

  • CPQinsider CPQinsider Dec 31, 1997 2:25 AM Flag

    AMAT is #1 remember that

    I own stock,....doh!! I also have some friends who own the stock. I know people who work at AMAT as well. I got in late, about 42 bucks on average. People I know at AMAT are buying the stock, one helps assemble hardware and the other is a secretary.
    The employee's got a 200 share bonus at the 30year anniversary party this year. Probably an effort to boost company moral. (the stock got crushed right before the party, bummer) I don't think AMAT's board would give away the stock if they believed it would continue to fall.
    I will hold my shares. I believe faster more powerful chips will help drive semi-conductor equipment sales in the FUTURE. Chips will keep getting smaller and AMAT will supply the equipment to mass produce them.
    The internet will help AMAT grow as well. With tons of hardware going into expanding the internet, and companies like CPQ and Dell selling tens of billions of dollars in hardware a year AMAT will do well. AMAT is #1 and will continue to dominate, ching-ching...$$$$$

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    • At the risk of repeating myself, since I know many of you read the other message boards where I have previously posted a list of these old quote....maybe a few of you on AMAT have not seen them:

      "But it good for?" ...Engineer at the Advanced Computing Systems Division of IBM, l968

      "There is no reason anyone would want a computer in their home." ...Ken Olson, Pres. Chairmn & founder of Digital Equipment Corp., l977

      "640K ought to be enough for anybody." ...Bill Gates, l98l

      Just shows to go ya...NO ONE knows where this industry is going...but I bet it will be up and up and yet up again.

      for complete list of quotes and related laughs: see post 2182 on CPQ board.

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