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Politics : Formerly About Applied Materials
AMAT 322.32-5.6%Jan 30 9:30 AM EST

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To: Paul V. who wrote (4647)5/20/1997 2:19:00 AM
From: Tito L. Nisperos Jr.   of 70976
 
Hi Paul, the strong momentum to the Upside is continuing for the stock. Any Fallback to the lower 60s will be used by people who missed the recent rally--- to Hop aboard!...The stock still managed to stay Up 3/8 at 66 1/8 at the close, after gaining up as much as 1 1/16 earlier. The Bulls were not going to commit heavily pending the outcome of the meeting of the Fed tomorrow---that could probably explain the Pause as Kumar was saying....If the stock should go down tomorrow, many would be buying heavily. As I was saying in the recent few days , the dips this time will be shallow...(unless, of course, the over-all market digs deeper!)
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