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Politics : Formerly About Applied Materials
AMAT 289.91-9.0%2:11 PM EST

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To: Taby who wrote (4478)5/13/1997 11:32:00 PM
From: Tito L. Nisperos Jr.   of 70976
 
Taby, I think you have a 99% chance of being right that AMAT will revisit the 50s tomorrow when the stock leans back at 59 as it prepares to go past 65!...Actually, we are both in the same camp being Long AMAT. We both believe every stock goes into a trading range soon after an earnings report--- to continue until the next earnings report. The difference is in Expectations: you seem to believe that AMAT is to go down tomorrow down to a certain level; while I believe the opposite is true. Please, don't get into the impression that I expect the stock to go straight-up to 100 in no time at all. Imagine a person who plays the yoyo as he climbs the stairs--- step by step, and you can visualize what I mean!...Happy Investing too, Taby!...
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