Formerly About Applied Materials Message Board

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Politics : Formerly About Applied Materials

AMAT 319.11

+5.7%

Jan 15 3:59 PM EST

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To: Sam Citron who wrote (60273)	2/11/2002 6:14:36 PM
From: Jacob Snyder	Read Replies (1) of 70976

ST trading: Looks to me like the rising channel is now in the 43-46 area, so I've placed a limit buy order at 43. I don't expect a lot of surprises from earnings. Current conditions are bad, and everybody knows it. AMAT management will be strongly optimistic about their LT prospects (as always), but cautious in giving any guidance beyond the next quarter. They will be maintaining or increasing market share in all segments, the big unknown being when customers start making capacity purchases again (not yet, but they'll make vaguely hopeful comments about later this year). I'll stop trading the channel, when we get to 50, as I think we hit strong resistance there.

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