Formerly About Applied Materials Message Board

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Politics : Formerly About Applied Materials

AMAT 301.88

-1.0%

Jan 14 3:59 PM EST

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To: Proud_Infidel who wrote (47959)	6/14/2001 10:12:10 PM
From: robert b furman	Read Replies (2) of 70976

Hi Brian, That is such a good question,the only correct answer would require hindsight. Lord knows, I don't have that.gggg Twelve has always been a magic buy number for me - it has in my experience often been a great support level for the stopping point for vicious shakeouts. Cohu twice(now pre-split) SBSE and almost Oracle(13.15). With a mgt. shakeout yesterday and an earnings warning coupled with an inventory write off of 225-250 million today(after hours), that pretty well sets up tomorrow for a nimble" buy the dip" wild a$$ guess this is a bottom. Probably do it in thirds and watch the 5 and 10 minute moving average trend lines. If the 5 is steeply going down wait for the 10 to catch up and take a position.But with out a doubt, I'll have a lowball buy day order in at the open - just guessing -but I'm thinking 11.35. Any strategies floating in your dreams??ggg Bob

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