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: Kumar Nathan who wrote (9833)	10/27/1997 10:40:00 PM
From: Big Bucks	of 70976

Hi Kumar, I think you are right, the only thing bouying the stock right now is that last Friday was the end of the AMAT fiscal year and earnings will be announced in about 2-3 weeks for the year. Should be good earnings but the stock cannot stop the momentum of the markets and investor sentiment. The only good thing about all of this is that the funds are bailing out which will leave the short term fortunes of the company in the hands of the"Individual investors" to buy at rock bottom prices for the run again next year. I hope you have some cash available to take advantage of this marvelous buying opportunity ($22-25), even if it goes lower it that should be within 10% of the bottom, as I see it. Regards, and good investing!! BB

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