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Politics : Formerly About Applied Materials
AMAT 232.46-1.2%11:39 AM EST

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To: Lester e. who wrote (14097)1/7/1998 8:12:00 AM
From: Tito L. Nisperos Jr.  Read Replies (2) of 70976
 
Hi Everybody,

Sorry for not Posting for a while; I haven't abandoned AMAT or this thread. I just didn't have Good news to say until now...

Predicting the future is a tricky business. My prediction of 250% gain for 1997 was way too short, although the stock managed to gain 200% in August...How about my other prediction---a double in 1998?...Well, maybe this time 60 price is easier for the stock to attain (the stock has been near there at 54), you see, Good Silicon Valley stocks do always come back to hit New Highs...Let me caution others, these predictions are only for my investment guides, although high---they serve me well, anyway...

Looks like we have bottomed at just above 25!...The AMAT Yoyo Kid is about to plant its first step going Up the staircase---Friday's rise created the Riser and yesterday's and probably today's pullback will serve as the Step:---
techstocks.com
Well, maybe the stock would revisit the lows later, but one thing is noticiable now---the stock wants to go Up!...

Actually, there's a changing of market sentiment going on: from extreme bearishness to guarded bullishness. Remember, Alan Greenspan helped create the financial problems in Asia by making it known in Aug that the stock market's rise is "not sustainable"...Now that Alan's wish came true---the economy slowed---easing of interest rates might be in the wings...
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