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Politics : Formerly About Applied Materials
AMAT 268.87+4.6%Jan 2 9:30 AM EST

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To: mjoemurphy who wrote (33900)1/27/2000 12:21:00 AM
From: A. Edwards   of 70976
 
Chip Equipment stocks took a breather:

A big down day for the chip equipment group which fell to profit taking... Applied Materials (AMAT 134 5/16 -10 1/8) led the way lower where most components were down between 3%-6%... Good news was that there wasn't much conviction behind the selling as volume was well below normal for just about every stock... While buying interest looks to have peaked in the group for the time being, the lack of volume on the downside suggests that after some of the recent excesses have been worked off , the group should be poised to rebound....Briefing.com
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