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Politics : Idea Of The Day
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To: Joe S Pack who wrote (14883)11/20/1997 5:53:00 PM
From: Judy  Read Replies (1) of 50167
 
*** SKY WON'T FALL NO MATTER HOW MUCH OJ PANICS ***

I just read AMAT's report, and nothing has basically changed. The CEO has already said that the Asian currency situation would have negligible impact in the short-term, and anything further out than six months is cloudy for this industry anyway. The stock saw 40 on a dead cat bounce, so let's see it define the top of its trading range in the next few days.

For now it remains a matter of market perception ... how the Street interprets the conference call.
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