Applied Materials No-Politics Thread (AMAT) Message Board

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

AMAT 256.41

+1.1%

Dec 19 9:30 AM EST

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From: Big Bucks	1/20/2006 10:02:18 AM
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I'll go out on a limb here and project that AMAT stock will hit a near term high of around $23 just before earnings, barring, of course, any externally caused market gyrations like oil at $80, a major terrorist attack on the US, etc. This is based on drawing a line across the peaks of the highs since 2001 which represents the upper resistance, IMO. BB Disclaimer....I am holding NO semi equip stocks...(but just bought some INTC as a longer term hold)

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