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Politics : Formerly About Applied Materials

AMAT 257.82

+1.7%

12:25 PM EST

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To: trilobyte who wrote (47222)	5/24/2001 3:18:00 PM
From: michael97123	Read Replies (2) of 70976

Tri, In 1998 folks bought into the sky is falling scenario for the equips. After 1998's recovery folks dont buy into that, thus the higher valuation. Cary's gang will miss this one, i believe. They are confusing the "history repeating itself" theory with the "learning from history" one. If you believe history repeats itself you have learned nothing from history at all. Exact repetition is rare and just provides one of many scenarios. Mike

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