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Politics : Formerly About Applied Materials
AMAT 297.52-6.6%Feb 4 3:59 PM EST

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To: Henry Eichorszt who wrote (22948)8/12/1998 10:30:00 PM
From: Taby   of 70976
 
AMAT is in demand because a lot of people believe the bottom has reached and positive news can come in any day. Everybody knew about the outlook before yesterday and the current price of AMAT is based on that outlook, the current price is considered very low. Additionally, with current turmoil in the market, a lot of analysts recommending buying stocks that have had their bear market in the past several months, AMAT is one of them. Don't expect AMAT to go much lower unless the market drops much more.
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