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Politics : Formerly About Applied Materials
AMAT 319.11+5.7%3:59 PM EST

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To: Jacob Snyder who wrote (60485)2/13/2002 7:08:35 PM
From: orkrious  Read Replies (2) of 70976
 
why did you hold a short through an earnings release?

A few reasons:

1) Someone wanted out of the equips awfully bad last Thursday. I thought they might know something.

2) The Comp is approaching resistance

3) The news in semi land is just awful (I am ignoring INTC, who I think is full of it). The economy sucks (unless you listen to what they say on CNBC) and valutions are completely ludicrous.
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