Formerly About Applied Materials Message Board

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Politics : Formerly About Applied Materials

AMAT 230.92

+3.1%

Nov 24 3:59 PM EST

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To: Paul V. who wrote (60169)	2/8/2002 11:40:51 AM
From: Tito L. Nisperos Jr.	Read Replies (1) of 70976

Paul V, RE: "Tito, What is amazing to me is how CSCO price movement is almost parallel with AMAT's price moment even though there is a price spread between them." Maybe because I own them both <g> ! Actually, because AMAT has a big presence in the manufacture of many kinds of CHIPs, the stock usually Sympathizes with the stocks of other companies that manufacture and/or consume CHIPs. AMAT serves as an Index like the SOX, QQQ and others. AMAT averages the movements of different Hi-Tech stocks. In this chart notice how CSCO, who has been outperforming AMAT for a number of years, suddenly slow down then matched the slower stride of AMAT during the last Bull Market --- at a time when AMAT started to become more popular to Investors: --- stockcharts.com

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