Formerly About Applied Materials Message Board

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Politics : Formerly About Applied Materials

AMAT 318.53

+4.8%

9:36 AM EST

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To: Chuck Williams who wrote (18752)	4/12/1998 11:48:00 PM
From: jtechkid	Read Replies (1) of 70976

ian, how does metz keep his job? their is only two jobs that you can consistently be dead wrong and get a raise? market strategist --and weatherman. my point with the market everybody agrees on historical term the market is overvalued. warren buffett says he's not buying anything but with market conditions things are not necessarily overvalued. my point is in semi's you know eps are coming down but trying to predict market conditions----ie--interest rates, monetary and fiscal policy-currency factors, foreign countries, liquidity, economy, wild cards- war-scandalsect-are impossible to predict and most people are dead wrong on marco effects. my point is if one of these ingredients change valuations and multiples will have to come down and with bad eps for the year it could be painful. by the way TQNT SEMI pre announcement that eps will be awful on a pre announcement--it will be a lonely summer-bulls markets end or correct usually when things like the internet stocks develop. good night.

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