Formerly About Applied Materials Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Politics : Formerly About Applied Materials

AMAT 318.63

-3.0%

3:59 PM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Cheng Xu who wrote (8755)	10/17/1997 11:10:00 AM
From: Big Bucks	of 70976

Cheng Xu, This is normal profit taking activity, the funds will reduce their holdings in tech stocks that have had stellar performance this year and go into a heavy cash position to wait for better "values" to come along in December/January. This is healthy for the market and the stock. Rememeber, AMAT was about $35 this time last year and dropped to about $21 by early December when it was a tremendous bargain. It went from $21 to $108 in less than a year. It is just seeking its real value and will stabilize for a while, where it will again gather strength and then take off again next year. BB

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next