Formerly About Applied Materials Message Board

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Politics : Formerly About Applied Materials

AMAT 318.63

-3.0%

Feb 3 3:59 PM EST

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To: Tito L. Nisperos Jr. who wrote (8204)	9/26/1997 1:05:00 PM
From: Kumar Nathan	of 70976

Tito: "They probably believe that selling AMAT then buying another stock will continue their profitable ways." Not True. I went from here to Networking and got severely burnt. In fact any one can easily predict AMATs move very well. It is a very good stock both for day trade as well as for long-term investing. It is the stock that is indexed in Equipment sector and is very well correlated to 30 yr bonds movement. The reason for the current movement is due to AMATs long bull run. For the past 4-6 months equipment sector ranked #1 in IBDs listing. It need to take some breather. By next earnings date AMAT will easily touch $110. Therefore stick with this stock and enjoy your ride. Regards Kumar.

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