Formerly About Applied Materials Message Board

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Politics : Formerly About Applied Materials

AMAT 322.51

+6.1%

Feb 6 9:30 AM EST

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To: miklosh who wrote (4397)	5/12/1997 3:54:00 PM
From: Tito L. Nisperos Jr.	of 70976

Hi Mklosh, Kumar and the Rest who follow this thread, it seems we are one day ahead in expecting the Earnings report.:---see SI calendar for May---it shows May 14!...Aniyway, I got a good time buying more today as AMAT retreated to just over 61 after hitting an all-time-high of 64 1/2 earlier. Amat has the habit of Jumping over a certain level after each Good Reporting time. Based on my observations the past few days, it seems AMAT is going to jump above 65 and head higher, at least, to the 70 level!. Terry has a term for a pullback before a jump:---it's called Recoil....I might be wrong, as Kumar pointed out, Friday is Options expiration time---anything out of the ordinary can happen. One thing is clear:---our stock is included in the waiting list to go aboard a flight to the 100s!...Stocks who reach the 60 to 70 area are not supposed to be there if they are not destined to go over a hundred----Investors kick them down to the 40s and 30s!...

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