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Politics : Formerly About Applied Materials
AMAT 260.77+0.2%Dec 24 12:59 PM EST

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To: Gottfried who wrote (65289)8/12/2002 9:39:53 AM
From: Sarmad Y. Hermiz  Read Replies (1) of 70976
 
>> It might mean AMAT goes to 20 and then we ride it down to 11.

Gottfried, How about one thing at a time. What would prompt people to buy AMAT at 20, when they are reluctant to do that at 13 ?

I can only think of a combination of rising earnings, rising revenues, and rising bookings. Without these, it makes no sense for anyone to buy it even at 13.

So we are going to get a glimpse of all these on Wednesday.

But from what other related companies have said in their Q reports, there might be a positive direction, but there is no strong trend yet.

So If AMAT gets to 20 on these ambiguous signals, I would sell. If it gets to 20 on a clear rising trend in the visible fundamentals, then I'd hold or increase.

Sarmad
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