Formerly About Applied Materials Message Board

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Politics : Formerly About Applied Materials

AMAT 259.08

-4.1%

Dec 12 3:59 PM EST

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To: michael97123 who wrote (47089)	5/22/2001 1:03:07 PM
From: michael97123	Read Replies (1) of 70976

One more thought Because of the success of amat and the semi-equips, some of us amat lovers may be believing that the naz as a whole has gotten ahead of itself. Johns post yesterday about where stocks like jdsu, glw, sunw etc. were earlier this year makes their current prices look a lot cheaper than amat. What we might be seeing here is rotation with tech or just plain catch up by those stocks. Back in January nasdaq 2300 was the low and we all were wringing our hands saying it cant go lower. We are just back to that point but stocks like jdsu et al are well below where they were even after a healthy rebound. mike

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