Formerly About Applied Materials Message Board

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Politics : Formerly About Applied Materials

AMAT 301.11

+6.9%

Jan 9 9:30 AM EST

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To: michael97123 who wrote (51622)	9/6/2001 4:33:40 PM
From: Sun Tzu	Read Replies (2) of 70976

Most techs are up in after hours. The news was better than expected and the market is highly oversold. But I don't know how much upswing you can expect from the Intel news. They are after all coming at the lower end of sharply reduced expectations and that is despite having new product line in the pipe. I think the market is not going to go anywhere until someone says "hey, next Q I'll be making more hay than last". People are tired of guessing the bottom, IMO. On the other hand, I don't think we'll drop below the April lows. So from now on it is time to be extra selective about what you short and what you go long. ST

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