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Politics : Formerly About Applied Materials
AMAT 230.77+0.9%Nov 12 3:59 PM EST

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To: Mark Duper who wrote (37668)10/3/2000 10:16:53 AM
From: Proud_Infidel  Read Replies (3) of 70976
 
AMAT lost $10 last week, is already down $5 for this week......if it continues at this rate we'll be at Zero before November.

Perhaps Soundview is a new contrary indicator. Downgrading AMAT, yet not NVLS and LRCX?!? Don't they compete against one another? Shouldn't suupposed weak market conditions(assuming there are any) affect all and not just the leader? I cannot believe these analysts have any clout left after bad call after bad call they have made. Then again, perhaps I am wrong and Soundview knows why AMAT, after falling nearly 60%, is unattractive.

What is most amazing to me is that AMAT continues to fall while I hear every analyst and his mother recommend fiber optic stocks. At the end of the fiber, aren't chips necessary to process the data?

BK
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