Formerly About Applied Materials Message Board

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Politics : Formerly About Applied Materials

AMAT 262.31

-1.2%

10:18 AM EST

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To: Paul V. who wrote (19437)	5/14/1998 11:23:00 AM
From: Tito L. Nisperos Jr.	Read Replies (1) of 70976

Paul V and Others, The Dow 30 is still busy widening its Landing step. Staircase Landings, as we all know, are used to anchor on one side a flight of stairs to the Upside as well as to the downside. The higher tier of stocks seems to be waiting for the likes of stocks like INTC to catch up... INTC, after constructing its Parabolic Ramp and seeing its Skateboard Kid overshoot the rim of the Ramp and crashed with a thud, seems to be having a different tact this time---to make its own brand of staircase steps... As for AMAT this is the 3rd try to go over 40; the stock usually makes it on its 4th try---so it would be interesting to watch after about 11 days of consolidation from today if its ready to have a piece of its Landing Step raised a bit, say to above 40... (In order for AMAT to begin its classic Fast Paced Toe-wide ascending steps, we must hear James Morgan say something like these:---"...we still have Down earnings up to the end of this year...from there we expect better things to come...)...

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