Formerly About Applied Materials Message Board

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Politics : Formerly About Applied Materials

AMAT 275.13

+3.0%

Dec 10 3:59 PM EST

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To: Tito L. Nisperos Jr. who wrote (61831)	3/9/2002 9:36:00 PM
From: Paul V.	Read Replies (3) of 70976

Tito, During the 1996-'97 up cycle the stock hit a high DW of $55, the pulled back $49 during the first reverse down, then again moved up to $52, then down to $47 on the second down cycle, followed up to $54 before reversing down on the lowest down cycle to $44, reversed up to $51, down to $45 in April then reversed up and down for a period of time. It was not until the last of April and May 1 that AMAT made it forth try to $54and finally broke through to new high to $64 followed to $74 late in May. It was not until August that it hit its high of $108. As you have said many times, "it normally takes four times before it breaks through many test of the highs." Just my opinions. Paul

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