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Politics : Formerly About Applied Materials
AMAT 225.03+2.2%12:43 PM EST

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To: Qualified Opinion who wrote (59484)1/27/2002 10:44:44 AM
From: Gottfried  Read Replies (4) of 70976
 
robgera, re >it seems that investors are ignoring the semiconductor manufacturers recent forecasts of substantially reduced capital spending for this year 2002.<

Increasing revenues are more certain here than in some other sectors, like PCs and communications. Maybe that's why.

Could you and a few others check this chart and tell me if you are a StockCharts subscriber AND if you see 3 vertical blue lines? I would like to know if non-subscribers can see them. I drew the lines approximately at cyclic price lows. Note RSI and Wm%. Looks like we've seen the price bottom for this cycle.

stockcharts.com[w,a]maclyyay[pb30][vc60][iUb14!La12,26,9!Lf!Lk14][J2898218,Y]

Gottfried
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