Formerly About Applied Materials Message Board

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Politics : Formerly About Applied Materials

AMAT 284.31

+5.8%

Jan 5 3:59 PM EST

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To: Big Bucks who wrote (24857)	10/4/1998 7:15:00 PM
From: MileHigh	of 70976

Bucks, I am more realistic/pessimistic and am ok with the possibility of embarrasing myself on the thread (but I probably wouldn't do it on a national TV show) but I'm thinking we will see a low of the DJIA somewhere between 6500 and 7000 before we see 9000 again, probably before Feb '99. If this does occur then the NAZ will drop to 1425-1475 as a low Do not worry about embarrasing yourself, I too believe we will go lower. BUT, I think we will see a little rally MON/TUES with all the G7 "jaw boning" (they really haven't said anything new) and then as the bad news continues to roll in the selling will return. Not much good going on out there IMHO! Am thinking about buying a couple hundred of LRCX- did you see the P/S of .35, that's pretty low! Regards, MileHigh

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