Formerly About Applied Materials Message Board

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Politics : Formerly About Applied Materials

AMAT 263.73

+1.8%

11:29 AM EST

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To: Kirk © who wrote (47085)	5/22/2001 12:56:03 PM
From: michael97123	Read Replies (1) of 70976

Kirk, Now we are getting the 50%-75% return on the likes of cisco from the lows which some of us talked about during the darkest days.. This rally may turn out to be a bear market rally. Who knows for sure? But those bears who talked about years before cisco would get back to the 20's(or amat to 60) have been proved wrong in a month or two. When you have flucuations like we have had over the past 2-3 years, it's like a pendelum---it can take quite awhile before the range normalizes. The question for the stock market is "where is normal" or where is the proper value if you had to pick a number. The closer one comes to that number the better the results. I am picking 3000 as the nasdaq number with 1000 point possibilities either way. I figure if i say it enough i may actually take action at the correct times. mike

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