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Politics : Formerly About Applied Materials
AMAT 261.90+0.4%Dec 26 9:30 AM EST

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To: Paul V. who wrote (13477)12/16/1997 9:22:00 PM
From: Tito L. Nisperos Jr.  Read Replies (3) of 70976
 
Paul V, if you see inconsistencies, like the number of Funds buying AMAT increasing yet the stock's price is decreasing---something is brewing getting ready to erupt...One day in Aug of last year when the stock was at 23 (it bottomed the previous month at 22 3/4) I was puzzled why Analysts upon Analysts appeared on TV urging investors to avoid AMAT because "...the stock is Good but it's not time to buy yet...wait 6, 9 months for the company to get orders again...there are other companies good to invest right now...etc, etc..."---yet blocks of 25, 50, 100K Buy trades are running accross the tape underneath their images on TV!...I thought:---if they really think the stock is Good, why wait 6 months, why not buy it now? My contradicting nature served me well that day---when I converted all the stocks I got to LEAPs positioning myself with an Ultra Bullish stance!...Today, despite downgrades, the stock went Up...Let's wait and see for more...I wonder if all the Analysts have their share of downgrades already...
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