Formerly About Applied Materials Message Board

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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: advocatedevil who wrote (50943)	8/21/2001 10:14:42 PM
From: trilobyte	of 70976

Devil, I agree that the stock prices of SCE companies have been decoupled from reality. In past cycles, these stocks would start to recover after companies like INTC, TXN, etc. would see uptick in sales for several weeks. This time, the SCE bottomed way early and then just got stuck in trading ranges rather than collapsing further, at the dismay of some shorts I would say! Strange. But stocks of SCE also anticipated the downturn way in advance. It's just the way big money played the current downturn. Of course, if orders only get slightly better in the next 3-6 months and then resume their slugishness after that, we may not have much of a recovery. Trilobyte

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