Formerly About Applied Materials Message Board

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Politics : Formerly About Applied Materials

AMAT 254.72

+0.9%

3:59 PM EST

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To: Gottfried who wrote (19895)	6/4/1998 11:03:00 AM
From: Proud_Infidel	Read Replies (2) of 70976

GM, Contrary to popular thought on this thread, I am by no means bullish on AMAT s/t. There is much pain to be had yet, esp in the Nifty-Fifty stocks; sadly, AMAT will suffer further still if there is a steep correction in the overall market. I never argued this point. I am simply saying that we are near a bottom with the SOX at a multi-year low and 300mm, Cu etc. only 1 1/2 years away. At some point funds will be buyers, as difficult as that is to believe now<GGG>. BK

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