Formerly About Applied Materials Message Board

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Politics : Formerly About Applied Materials

AMAT 313.20

-4.7%

1:53 PM EST

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To: michael97123 who wrote (42444)	2/21/2001 1:02:05 PM
From: mitch-c	Read Replies (1) of 70976

My Army radio call for stuff like today was "WHISKEY TANGO FOXTROT, Over?" (Phonetic alphabet - you figure it out. <g>) Let me check if I see the data - BTB is way under 1, falling/accelerating; we're hoping a major equip customer (Intel) simply maintains cap spending ... and AMAT bounces from just under 47 to nearly 50 (after opening at 44.5). That's a 10% lift off from the open. What am I missing, here? It looks to me like a bounce after bad news - unsustainable short-term. Not that I'm complaining ... I'm completely LT long at this point. However, I do prefer to understand the inputs to a move like this. (I'm also looking at another chance to do a ST CC move, if I'm reading this correctly.) - Mitch

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