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Politics : Formerly About Applied Materials
AMAT 266.58+3.8%1:14 PM EST

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To: Proud_Infidel who wrote (10303)11/3/1997 12:44:00 PM
From: Big Bucks  Read Replies (3) of 70976
 
Brian,
Investors are waiting for better bargains, after all the
stock has dropped from around $50 (post split) to $33 or
so. At $24-27 the price is a great deal, many investors
who got "burned" in the last drop are waiting for things
to stabilize in the markets/foreign markets so they don't
get caught in another drop. People are turning to cash
to pick selected bargains as they appear. AMAT will likely
trade between $32-38 before earnings are announced. The
bargains will be after that for a few weeks.

Just my opinion,
BB
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