Formerly About Applied Materials Message Board

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Politics : Formerly About Applied Materials

AMAT 254.48

+0.8%

1:26 PM EST

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To: advocatedevil who wrote (61598)	3/7/2002 1:06:14 AM
From: Sam Citron	Read Replies (1) of 70976

AD, Thanks for the article. EE Times really does an impressive job. I am just having a bit of fun with LU. Don't know whether we have seen the bottom yet though it smells oversold to me. After the beating LU took in 2000, LU has been building a good base of support at 5 for the past 9 months while the restructuring plan seems to be on target. LU may have some difficulty rising into double digits until the outlook for telecom spending brightens, but I don't think a 25% gain from current depressed levels is out of the question as the economy begins to recover. Sam

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