Formerly About Applied Materials Message Board

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Politics : Formerly About Applied Materials

AMAT 259.21

-4.0%

Dec 12 9:30 AM EST

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To: jtechkid who wrote (19874)	6/4/1998 1:39:00 AM
From: Paul V.	Read Replies (1) of 70976

jtechkid, >i think amat bottom around 25-30 . why?< Not to fast now, I want the stock to hit the low 20's so I can buy more. I maybe have to morgage the house but the upside reward vrs the downside risk will be worth it IMO. I am also watching the bpsemi sector as compared again the lows in July 1996 very close. Just hope that amat does not reverse up to quickly. IMO, I thank we still have a few weeks but who knows with the sector at the 21% bull % range. The funds could jump in a any time. However, the IBD Funds owning AMAT did drop to 377 funds Tuesday the lowest it has been for a long time. The obvious is that someone is buying at these prices, Big Bucks for one. Right! <G> Paul V.

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