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Politics : Formerly About Applied Materials
AMAT 297.52-6.6%Feb 4 3:59 PM EST

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To: stockycd who wrote (17038)3/4/1998 7:55:00 PM
From: Marc Trombella  Read Replies (1) of 70976
 
Intel being down 10.5 points in after market trading is about 13%. 13% clipped from AMAT puts it at about 31. Usually when news like this happens, the downward trend from this point is usually minimal. It might even bounce up 5%, (i.e. last summer). AMAT has already experienced downward revisions, where I don't believe Intel has. I'd be surprised if AMAT fell below 31. Of course, only considering this news at the present. Any thoughts?
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