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Politics : Formerly About Applied Materials
AMAT 254.72+0.9%3:59 PM EST

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To: Paul V. who wrote (18522)4/3/1998 11:08:00 PM
From: jtechkid  Read Replies (2) of 70976
 
the key right now is liquidity in the marketplace. if the market remains with this bullishness than techs will not get beat that bad. but everyone is tring to rally these things-it reminds exactly april 1996, pardon the pun but you had a lot suckers rally then also.. i remember klic was 22 down from something like 40 it pulled back to around 16-17 and i loaded up saying it can't get any worse than it bottomed shortly at 9 dollers. one company that i like is novelus(nvls) i remember the stock got hit but it had by far the best eps of the whole group and didn't really take a hit on the eps side. also , this is off the top of my head, i remember internet stocks were flying then they got eventually got destroyed. the key for the bulls is like i don't want to go home and hope klic goes after awful numbers. regarding amat, it will be intersting how the put a spin why thet want make numbers. look at coms , their eps were bull---and the stock hit 38 but reality sets in and now its 34. same with klac. the market is drunk now to reality but it always leads for a hangover. this is what is very strange. if i'm big time bull on amat-but on a downcycle why are people being aggressive buying it knowing no good news is coming. klike today, trying to bid amat up 1/2 before the pre open tells me the buyers are reaaly not that smart.
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