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Politics : Formerly About Applied Materials
AMAT 221.52-3.1%11:01 AM EST
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To: Gottfried who wrote (17639)3/12/1998 4:20:00 PM
From: Big Bucks  Read Replies (1) of 70976
 
GM and Kid,
Maybe it is indicating that the funds are taking a wait and see
approach, along with investors, if AMAT pre-warns, you will see
a dramatic increase in transactions as the stampede moves downhill.
Right now, IMO, the quantity of transactions is just the bulls
milling around in the pen and day traders playing the $1.50-$2
spreads. There is no compelling reason to buy at these prices and
higher, everyone is waiting for the better deal to come. Lack of
trading fervor is a negative for the stock at this price.

Just my opinion,
BB
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