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Politics : Formerly About Applied Materials
AMAT 254.72+0.9%3:59 PM EST

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To: derek cao who wrote (8467)10/8/1997 1:54:00 PM
From: Paul V.   of 70976
 
derek, According to the Dorsey Wright procedure, IMO, we broke a immediate double top at 99 with the movement to 100. The next immediate high to top is 102 and then 108. Once we break, IMO, we will be headed to the $120 range and to Tito's $126 projection. The Maximum, IMO, based on the width of the powderkeg, could reach $148. How soon we reach that point we don't know. Right on AMAT. Tito, Kumar and Big Buck what are your projections.

Just my opinion.

Regards,

Paul V
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