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Politics : Formerly About Applied Materials
AMAT 315.93-0.8%9:38 AM EST

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To: Proud_Infidel who wrote (4468)5/13/1997 8:37:00 PM
From: Taby   of 70976
 
All,
The issue is not that today's report was bad, the problem is that
the stock has already gone up from 45 to 60+ in anticipation of
todays news, in effect there was no positive surprise, just what
was expected, therefore, I would not be surprised if AMAT trades
lower or flat tomarrow and after it settles at a price range it will
strat trading with market untill the next report. In fact, I believe
we will see 50 in the near future, unless the whole semi sector
move up sharply. Sorry for not being irrationally excited.
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