Formerly About Applied Materials Message Board

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Politics : Formerly About Applied Materials

AMAT 226.05

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Nov 14 9:30 AM EST

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To: StanX Long who wrote (61395)	3/4/2002 11:33:33 PM
From: StanX Long	Read Replies (1) of 70976

But analysts remained cautious. Wall Street Update By Lisa Singhania AP Business Writer Monday, March 4, 2002, 5:24 p.m. EST financial.washingtonpost.com NEW YORK (AP) -- Showing a determination to buy not seen in months, investors bid stocks sharply higher Monday with a broad advance that propelled the Dow Jones industrials up more than 200 points for a second straight session. The rally reflected a growing consensus among investors that an economic recovery is beginning. Blue chip and technology stocks soared despite an earnings warning from tech bellwether Oracle. But analysts remained cautious. ``Today there's no denying that the sentiment in the market is that a recovery is at hand, and that investors are willing to put money to work,'' said Charles White, portfolio manager at Avatar Associates. ``The danger is that ... we're not as strong as people believe.''

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