Formerly About Applied Materials Message Board

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Politics : Formerly About Applied Materials

AMAT 322.90

+6.2%

2:14 PM EST

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From: runes	1/22/2002 1:41:14 PM
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Down in anticipation of earnings - NVLS reports today, KLAC tomorrow, LRCX on Thursday. Judging by the downtrend last week and the current weakness, I expect that AMAT will close below 37 by the end of the week and will probably get down to 35 by early February. There is a possibility of a spike down to the low 30's if something shocks the stock market (another Enron, another Osama...). NAS will probably break below 1800 on a short term basis. Positives from the upcoming conference call - "Cautious optimism", "bottom in Q1 - maybe", Last years "no visibility" will be upgraded to "poor visibility" Still waiting to pull the trigger...

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