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
AMAT 116.790.0%10:26 AM EDT

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
From: tktrimbath12/31/2003 6:06:10 PM
   of 70976
my informal semi-annual synopsis of AMAT

My semi-annual stock synopses are a task I give myself every six months where I review for myself our stocks. This is not a proclamation of truth but a chance for me to record my thoughts, pass them along, and learn from others who might know more than me. I hope you find these words useful. Note that I strongly believe that for a short while, a stock and the company can have two completely different stories and understanding that difference is where an individual investor can find an advantage.

Market Cap $37B
We've held AMAT as an investment for many years and the only reason I would change that is because it has become our largest holding. The company impressed me with their actions during the downturn. I think they took the time to better position themselves for this next series of cycles. I am glad to hear about their work for flat screen TVs, though I use that more as a measure of their willingness to look to other markets, not as a massive percentage of current revenue. The biggest threat I see is nanotech which can change the entire industry. I know no reason why they can't handle that well too. Their price to sales looks a bit high. Their debt to equity looks good. Based on the stock and company I will continue to HOLD, but personally we might SELL to rebalance our portfolio.

My wife and I are LTBH (Long Term Buy and Hold) with a strong emphasis on the H. Our total churn for 2003 was to buy two or three stocks back in March and haven’t sold anything for over a year. I am NOT a professional investor or an expert in any of the topics I discussed, but that is the nature of most individual investors. I undoubtedly overlooked something great about each company and also missed some warning signal. I invest with the knowledge that no company is perfect and realize that risk and chance determine future performance as much as in-depth analysis. Of course, it has worked so far. I have been investing for over two decades and continue to learn how much I don’t know.

Good luck to all.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext