Formerly About Applied Materials Message Board

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Politics : Formerly About Applied Materials

AMAT 235.27

+4.5%

3:59 PM EST

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To: John Trader who wrote (39980)	11/25/2000 9:24:46 PM
From: Gottfried	Read Replies (2) of 70976

John, from the BW interview >Q: Any thoughts on Applied Materials ( AMAT )? A: This stock epitomizes the problem that the market is facing right now. Today, they announced terrific earnings and revenues, but gave guidance lower for the next quarter, which is the problem that high-tech investors have been facing from stocks over and over during the past month and a half. The chart on AMAT looks as if the stock has entered an area of a solid base. However, technical risk runs all the way down to 27. This is another stock that should attract bargain-hunters and momentum-players, and could tack on $6 to $8 in a relief rally.< A few weeks ago we had a discussion on the price bottom and came up with the high twenties also. Gottfried

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