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Politics : Formerly About Applied Materials
AMAT 220.28-6.4%Nov 20 3:59 PM EST

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To: shane forbes who wrote (19427)5/13/1998 10:19:00 PM
From: jtechkid  Read Replies (1) of 70976
 
first, this is the first time that wall street has reduced eps and in general support amat right across the board no matter that they missed the street next quarter considerable. the main fact people are missing is past downturns have been characterized by problems with pc demand on dram problem not a complete meltdown of 30% of the worlds population. i like to buy stocks when wall street throws the stock out and their is little anticipation with the company. wall street loves amat no matter what they do. which i guess is good for the bulls but i would use stop loss in case you see a fallout. good luck.
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