Formerly About Applied Materials Message Board

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Politics : Formerly About Applied Materials

AMAT 262.15

+0.5%

12:57 PM EST

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To: Big Bucks who wrote (13333)	12/15/1997 9:33:00 AM
From: akidron	Read Replies (2) of 70976

I am the first to admit that I bought back too early. But I will buy heavily today on weakness. The downgrades at this point are imaterial. They are largely cosmetic. They involve firms not wanting to show buy rating on a stock that is down 50% since they last reiterated them. Look for GS, MS and LEH to reiterate buy rating soon, taking advantage of the price decline. Yes there are huge risks ahead but thay are absolutley in the price. What is more AMAT is best positioned to smooth out order cycle to aviod taking the big hit predicted. They underachieved last guarter to enable exactly this. I know the above will not help folks who got in at 100 feel better but today is the day to dollar coat average in my opinion.

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