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Politics : Formerly About Applied Materials
AMAT 267.08-0.4%3:59 PM EST

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To: Gottfried who wrote (14004)12/31/1997 10:31:00 PM
From: Steve Byers  Read Replies (1) of 70976
 
A question for you on your charts....
'93 and 94 ended their respective years very close, then 95 jumped up and then 95 and 96 year-end pricing was VERY close again.... then another jump to 97... and 98 to end very close to 97??? while I very much doubt that, it IS interesting to see two concurrent price years together, a jump and then the same, twice at least, then the next jump.... to what???

while I don't extrapolate history, cycles are an interesting phenomenon, who knows, if orders are flat for the next two quarters, then jump up, one might think the next three or four quarters might be super... and even if 98 was relatively flat to 97, a jump in 99 would still pay handsomely versus the general market returns...

any thoughts? (and here's to a January with some strength, to take some of the sting out of the Fall's fall...Happy New Year and good luck in '98)
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