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Politics : Formerly About Applied Materials
AMAT 323.71+6.5%1:48 PM EST

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To: Krishna A. Ubrani who wrote (4399)5/12/1997 4:20:00 PM
From: Gottfried   of 70976
 
Krishna, >>Good earnings already reflected. I think it will go down some more tomorrow. Currently down 1.5 in anticipation of this.
Tomorrow and later may be a buying opportunity in high 50's
but not much lower.


Strictly feelings: your scenario would not surprise me. We don't
know how good earnings will be. If they are much better
than estimates, then we could see no dip.
I'll ride it either way. We must remember that we have seen a steady
rise for a while now and are due for a small correction.

Gottfried
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