Formerly About Applied Materials Message Board

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Politics : Formerly About Applied Materials

AMAT 304.08

+2.2%

Feb 5 3:59 PM EST

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To: Robert O who wrote (45647)	4/20/2001 9:16:36 AM
From: michael97123	of 70976

bob, Should be interesting to see if an intial decline will be followed by another run. Buyers are out there but sellers are what are missing. So prices spike quickly. This isnt buy on the dip--its buy on the blip. Jobs are at stake for money managers who dont get in and what will be considered to be reasonable prices. Remember last month when we had 10 down weeks in a row. I think in December we once had 8 or 9 down days in a row. This is the reverse of that. Then there were only sellers looking to get out. My feeling is buyer will come back when naz approaches down 50. mike

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