Formerly About Applied Materials Message Board

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Politics : Formerly About Applied Materials

AMAT 230.92

+3.1%

Nov 24 3:59 PM EST

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To: Big Bucks who wrote (13693)	12/19/1997 10:58:00 PM
From: Howard Feinstein	Read Replies (2) of 70976

B.B., What do you feel about this scenario. Many High Techs will be hurt by S.E. Asian crisis, but how hurt is yet undetermined. Wall Street has battered many of these High Techs without specifically knowing the exact extent of the damage to earnings. Downgrades galore and lower earnings forecast. Little guy packs it in and runs from technology stocks, as just about every analyst suggests jumping out of sector. INTC,AMAT,CPQ,DELL..........ETC. all beaten to dirt cheap prices! Earnings start to come in at, or better, than the now reduced earnings, and what do you know?......upgrades of INTC, AMAT, CPQ, DELL ETC. Techs take off and the Bull is on the loose. Can happen and in my opinion will. Am I bullish on technolgy? YOU BET!!! We are only in the infant stage of technology. This is where your investments should be. There is no other sector with as much growth potential! Only one man's opinion. Howie

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