Formerly About Applied Materials Message Board

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Politics : Formerly About Applied Materials

AMAT 307.20

+2.0%

3:59 PM EST

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To: Jan Crawley who wrote (60523)	2/14/2002 12:45:17 PM
From: Jacob Snyder	Read Replies (1) of 70976

re: shorting Amat close to $49/$50 That is the level at which AMAT stalled repeatedly, since late 2000. It's a strong resistance point. Unlike every other rally in the last 2 years, I'm seeing some fundamentals that support the rally, rather than just hope, hype, and liquidity. If I was shorting, I'd have a tight stop-loss, as these stocks can run once they get going.

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