Formerly About Applied Materials Message Board

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Politics : Formerly About Applied Materials

AMAT 318.63

-3.0%

Feb 3 3:59 PM EST

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To: Ian@SI who wrote (42446)	2/22/2001 12:06:42 AM
From: advocatedevil	Read Replies (1) of 70976

Ian, Thanks for posting the I-Watch comments. It appears a majority of investors are in agreement thus far that whatever bad news there is out there is priced into AMAT already. If I had never looked at the price of AMAT since before their earnings report, but was instead only watching the NAZ and reading all the tech press, I would have never believed AMAT could have held up so well. The buyers bravely held their own again today, even in the face of a weaker than expected BTB. Amazing IMO. I'm not sure what to make of this action. I can understand there being a group of investors who are now buying sector leaders with the belief that we've bottomed here (in price), but how long can they hold the fort with companies across the board issuing cautionary statements every day? It seems either this news trend is going to have to stop very soon in order for the climb back to begin, or if it continues at this rate, the buyers will become exhausted all at once and the sellers will take the flag in a fast and bloody massacre. Every day is getting more interesting. AdvocateDevil

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