Formerly About Applied Materials Message Board

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Politics : Formerly About Applied Materials

AMAT 223.95

+1.7%

Nov 21 9:30 AM EST

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To: michael97123 who wrote (36649)	8/11/2000 12:29:49 PM
From: James Calladine	Read Replies (1) of 70976

MARKET MOVEMENT: (OFF TOPIC SOMEWHAT) A "textbook case" of the willful trashing of a stock is AMD. From the time of earnings (greatest in company history in every way), analysts proclaimed: -- semi cycle over -- set top boxes finished -- INTC will kill AMD -- flash memory boom is over -- wireless boom is over and so on. Most of the comments were actively refuted by the company. That didn't matter. That stock was going down. On earnings day (July 19) the stock hit $95. Its low today was $54 Is that the end? It depends on whether the forces interested in trashing it are finished yet. There was a 300,000 share sale yesterday. Is AMD's situation that much worse in less than a month? Best wishes, Jim

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