Formerly About Applied Materials Message Board

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Politics : Formerly About Applied Materials

AMAT 223.95

+1.7%

Nov 21 9:30 AM EST

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To: stockycd who wrote (15340)	2/2/1998 8:25:00 PM
From: Proud_Infidel	Read Replies (5) of 70976

From Briefing: Semiconductor Equipment Brief: A very strong day for this group as investors sought out decent values in tech sector and this beaten up industry offers a number of attractive alternatives... Applied Materials (+1 7/8) took out important resistance and is poised for move to the low-40s... Company introduced a new, completely integrated pair of wafer defect detection systems that offer chip manufacturers a total solution for achieving faster yield gains throughout the wafer manufacturing cycle... Other big winners included Kulicke & Soffa (+1 7/8), Novellus (+1 11/16), Teradyne (+2 3/4) and Asyst (+1 7/16)... Even ETEC Systems pressed higher (+7/8) despite warning that it would miss its estimate due to delay in shipment of one system. I personally am not a TA expert by any stretch of the imagination, but isn't the next area of resistance in the $36 range?? Any insight from our TA friends would be appreciated. BK

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