Formerly About Applied Materials Message Board

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Politics : Formerly About Applied Materials

AMAT 256.89

+1.4%

2:18 PM EST

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To: michael97123 who wrote (47223)	5/24/2001 3:28:21 PM
From: trilobyte	Read Replies (1) of 70976

Hi Michael, very good point --people holding shares of AMAT know that the recovery was brutal in 1998. Alot just followed the btb and sold right at the bottom, then. This is probably why in this cycle investors anticipated the top by many months (top in May 2000 for stocks but only in Oct 2000 for new bookings). Now they are anticipating the bottom by many months. Nothing wrong with that. It may not be rational, but that's the game big money is playing this cycle. Too bad that this scenario seems to irritate many on this board --the more rational ones! Trilobyte

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