Formerly About Applied Materials Message Board

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Politics : Formerly About Applied Materials

AMAT 322.32

-5.6%

Jan 30 9:30 AM EST

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To: Tito L. Nisperos Jr. who wrote (4954)	5/29/1997 1:33:00 PM
From: Kumar Nathan	of 70976

Tito: I am confused here. Bond is recovering, DOW is falling and NASDAQ is falling. Do we need to throw all the contemporary technical guidelines out of the window? AMAT's decline is more of MM manipulatives rather than real intrinsic movements. I believe that the stock will recover most of the losses by the end of the day. When you look at Networking it is also giving away some of its earlier gains. For the past 2 weeks, I observed that Thursday happens to be profit taking day instead of usual Friday. Regards Kumar.

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