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Politics : Formerly About Applied Materials
AMAT 226.24+2.7%2:50 PM EST

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To: Big Bucks who wrote (14080)1/3/1998 10:21:00 AM
From: stockdoctor  Read Replies (3) of 70976
 
BB (and to the thread),I have a large position in AMAT as previously mentioned. I am long on AMAT and know it is a winner. However, the next few quarters are going to be tough any way you look at it. I think AMAT will see $27 again although I believe it could see $37 by the end of January assuming INTEL doesn't kill the market with really bad news. If the former is the case, I am looking to unload 1/2 of my position at $37 and wait to buy at lower levels. This is not my nature because I play only certain stocks and AMAT is not one of them. The question I pose to you and the thread is : 1) Can we see $37 by the end of January and 2) Can I see a price at least $27 or less thereafter?? Please note that I will never unload my entire position at one time in AMAT regardless of where I think it is going. This Company is too good!!
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