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

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To: Gottfried who wrote (17497)3/11/1998 10:53:00 AM
From: Big Bucks  Read Replies (3) of 70976
 
GM,

Re:do you have any comment on the AMAT chart with earnings arrows on it?

Yes, it seems apparent to me to buyheavily when earnings
arrows point down and be willing to wait 6-12 months for a peak
in earnings and stock price. The down arrow seems to lag the chip
industry cycle by 4-6 months like I have stated before. Based on what
the analyst projections are for the stock quarterly performance the
1st down arrow should occur this coming earnings report. My personal
opinion is that we may see 2 or 3 quarters of down arrows which will
change to up arrows 4-6 months after their is an improvement in
chip stock reported earnings.
chart2.bigcharts.com

Just my opinion,
BB
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