Formerly About Applied Materials Message Board

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Politics : Formerly About Applied Materials

AMAT 260.77

+0.2%

Dec 24 12:59 PM EST

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To: Ed Stern who wrote (13196)	12/13/1997 9:42:00 AM
From: Jeff Sutton	Read Replies (4) of 70976

What you're missing is that investors don't like this stock right now ... so why fight the tape? Long term, of course, everyone agrees this is a bargain price, but no one knows how long term. I thought 32 was a bargain last week, and now I'm staring at a 20% loss. The fear and panic surrounding this sector right now is intense, and negates the good fundamentals of AMAT. I have no idea what this stock will do next week, and I wouldn't trust anyone who claims to know, but it wouldn't shock me to see it drop a few more points. Personally, I'm hoping for a bounce next week so I can get out at a respectable loss, and then put my money elsewhere. Good luck whatever you do.

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