Formerly About Applied Materials Message Board

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Politics : Formerly About Applied Materials

AMAT 267.87

-0.6%

Dec 5 9:30 AM EST

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To: Diamond Jim who wrote (14373)	1/11/1998 12:57:00 AM
From: Ian Davidson	Read Replies (1) of 70976

Thanks James... I subscribe to the California Technology Stock letter by Michael Murphy. I know there is varying opinions on his newsletter as some of his recommendations on the smaller stocks such as GGNS and TRKN haven't worked out, but everyone of the bigger tech names such as INTC and AMAT have done very well. Last year when every analyst on the planet was warning everyone to AVOID AMAT, he was telling us to buy it. I did at around $25 and it tripled from there. When it reached approximately $84 pre-split he told us to sell it, as it had gotten ahead of the fundamentals. That turned out to be pretty good timing although maybe a little bit soon, but at least he avoided the meltdown in the stock price. Well, he's pounding the table on it again......right behind INTC. So we'll soon see if he's right on this again. Ian

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