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Politics : Formerly About Applied Materials
AMAT 226.05+1.3%Nov 14 9:30 AM EST

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To: Teri Skogerboe who wrote (18203)3/26/1998 2:00:00 PM
From: jtechkid  Read Replies (4) of 70976
 
suckers rally- the perception that investors and more momentum players bid up a stock on the HOPE that the worst is over . example-goldman put micron on the recommendation list and the stock moved up to 35.65 on aggressive buying before the numbers even though you could be a moron you knew eps were going to be awful. the stock is now 28.875. intel-the stock moved to 70 t0 90 in the hpoe that everything was fine but when reality set in the that eps were not strong -klac-the stock has moved from 36-to 45-46 a couple times in the perceptiom things will get better only to realize that eps are being lowered and semi companies keep coming out with bad news. simple as that-no way amat mets their numbers-if the market doesn't care then the company will do fine. marc. all i hear you say is amat a gorilla in the field ,so what? every company ,regards to semi's, have said business is killing them in asai-its not going to effect amat-the big problem i see is amat thinks japan can save them. thats a big risk. we will se 28 again before we see 38.
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