Applied Materials No-Politics Thread (AMAT) Message Board

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Technology Stocks : Applied Materials No-Politics Thread (AMAT)

AMAT 230.92

+3.1%

3:59 PM EST

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To: Proud_Infidel who wrote (8293)	12/12/2003 10:27:54 AM
From: Proud_Infidel	Read Replies (1) of 25522

9:58AM NVLS: Market talk that co lost IBM deal to AMAT +0.11 39.82 -0.41: 9:40AM: Equity market gets a bit of a boost at the open, although buying interest is not particular strong at this point... Technology is carrying the bulk of the gains thanks to Adobe's (ADBE 41.54 +1.76) better than expected 4Q03 (Nov) report and 1Q04 (Dec) guidance, and JP Morgan's bullish note on the chip stocks... The firm believes that equipment stocks are significantly oversold within their cyclical uptrend...

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