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Applied Materials, Inc. Message Board

  • markicita markicita May 13, 2003 7:54 PM Flag


    What good reason is there to pay over 100 times earnings for AMAT? Because you hope the semiconductor boom will recur?

    I think it is much smarter and safer to stick with more predictable industries.

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    • Read the Barron's article on the tech Supernova - one more big rally and then a big time burnout.
      Without new stuff tech just can't grow. Existing products are good; there is no compelling reason to get rid of the old stuff. Replacement comes gradually and doesn't provide a growth engine.

    • Sure it will recover. There's a huge demand for memory chips, right? And modems, everyone needs a faster modem. And video cards are so slow everyone needs each new one. Aw heck, the PC's are so slow everyone needs to upgrade. Gotta get a new monitor and printer too, and throw the old ones away.

      And then there are the number of chips on each board/computer. There has to be lots more now because of the increased functionality, right?

      Just LOOK at all that chip demand!

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