Formerly About Applied Materials Message Board

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Politics : Formerly About Applied Materials

AMAT 327.61

-4.0%

2:53 PM EST

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To: Ronald D. Engelkes who wrote (4771)	5/22/1997 3:52:00 PM
From: Tech Buyer	of 70976

>>Last three quarters show declining sales and eps compared to year ago quarters. Irrational exhuberance remains alive.<< Ronald, Cary, other Smart Bulls, Talk about clueless... This is the mentality of the momentum players. All they really understand is the comparison to year-ago quarters. But, a couple of quarters from now they will be the ones comparing the rising profits to the cyclical low quarters. Then they'll be the ones bidding up our AMAT shares. Hmmm, not a bad scenario.

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