Formerly About Applied Materials Message Board

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Politics : Formerly About Applied Materials

AMAT 240.80

+4.6%

Nov 5 3:59 PM EST

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To: Tony Viola who wrote (35869)	7/22/2000 11:27:52 AM
From: michael97123	Read Replies (2) of 70976

Very tempting indeed. I had a mildy unsuccessful trade on lsi this week. Have orders in low 40's for lsi and low 70's amat. If i miss, i miss. Nasdaq probably will test its support 3850-3900 i believe the chartist say. Anyway Sox should find support earlier. I think there is logic in the explanation of btb ratio. At $1.46 they couldnt produce fast enough. At $1.26 more in balance. This is a murphy idea as well. BTW he did not say buy chips although considers them undervalued with the exception of intc. He was not impressed with their earnings. But amat, lsi, tsm-- all a buy(my interpetation) when nasdaq 3850-3900 which i think he is expecting as bottom.

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