Formerly About Applied Materials Message Board

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Politics : Formerly About Applied Materials

AMAT 322.51

+6.1%

Feb 6 9:30 AM EST

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To: Lone Star who wrote (39768)	11/16/2000 5:15:11 PM
From: Jacob Snyder	Read Replies (1) of 70976

re: All it will take is just one chip maker to announce a fab pushout or any equipment cancellations to surface and then we will finally hit bottom. Umm.......didn't Intel have a fab pushout recently? (they didn't call it that, but that's what it was). And the back-end companies have been having equipment cancellations. And AMAT (in the CC) didn't exactly reassure the market about demand for semi-equip in 2001. If I was going to do anything in AMAT soon (I'm not), I'd buy (the stock, not LEAPs) at 40, and sell at 50, trading the range. When we break out of that range, the odds are even, whether we break up or down. Since I'm as confused as the analysts, I'll just keep on doing nothing.

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