Formerly About Applied Materials Message Board

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Politics : Formerly About Applied Materials

AMAT 262.30

+0.2%

10:38 AM EST

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To: Andreas who wrote (41992)	2/10/2001 11:26:49 AM
From: Gottfried	of 70976

Andreas, if AMAT dropped to 30 it wouldn't shock me. Others are less worried than Corrigan and I just don't know how things will play out. AMAT does get a lot of verbal support from pundits these days. TA indicators I watch don't say 'buy' right now. But these indicators are not designed to get you in at the bottom - only after an uptrend has been re-established. Maybe averaging down - if you're thinking of buying - is OK. We had the discussion of where the bottom price might be here a few weeks ago. I think consensus was near 30, if history accounts for anything and Applied keeps its corporate nose clean. Gottfried

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