Formerly About Applied Materials Message Board

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Politics : Formerly About Applied Materials

AMAT 258.64

-1.0%

3:59 PM EST

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To: Gottfried who wrote (31929)	8/14/1999 2:26:00 PM
From: Paul V.	Read Replies (1) of 70976

Gottfried,Since in the present cycle we're 9 months from the order bottom, that would mean an order top would be reported by SEMI in November 1999. But Needham jumps the gun. AMAT price isn't supposed to reflect that order peak until about October. :) I concur with your assessmetent. If you look at the IBD AMAT Rel. Strength and the Oct options page which appears to show that the option traders are looking for the price of mid $80 to the $90's, SEMI order, BTB, shipments and my previous post DW price projections you have the range of $87-108. One of our local NAIC investment Club member ran a Stock Selection Guide and also came up with a sell range $78-108. Just my opinions. Paul

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