Formerly About Applied Materials Message Board

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Politics : Formerly About Applied Materials

AMAT 242.41

+5.0%

Nov 25 3:59 PM EST

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To: steve stark who wrote (14931)	1/21/1998 8:47:00 PM
From: Big E	Read Replies (1) of 70976

Interesting. Big move up today on little news. Could it be that the "whisper number" has hit the street? If so, look for continued inching up until Feb 9 (earnings anncmt). Then, if earnings are very good, a big run up after announcment. If earnings are merely OK, a small dip as those "in the know" take profits early AM. I think tomorrow will be a big clue as to what is going on. The chart shows an improvement in price support, could be a trend reversal (hooray!) But on the other hand, today we hit the top end of the recent range, and sure enough there was a dip just before close as the range riders closed out. I predict heavy volume tomorrow as these two camps fight it out. Just my humble opinion. Any comments?

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