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Strategies & Market Trends : Bob Brinker: Market Savant & Radio Host
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To: Diamond Jim who wrote (5468)6/11/1998 9:53:00 PM
From: Bill Shepherd  Read Replies (1) of 42834
 
re: Applied Materials, down to 27 in after hour trading. Jan 11 BB said it won't be back to these levels.

James, I know it's splitting hairs, but my recollection is that indeed, BB discussed AMAT on that weekend, and that many wise investors bought some low-priced stocks on Monday, January 12. I for one bought Warner Lambert (up about 60 percent since then) as a long term investment, and AMAT as a trading stock. Subsequently sold AMAT for a 25 percent gain (in about 2 months). I distinctly recall BB discussing AMAT in February, stating that "AMAT will not see 25 again."

Could be some buying opportunities here, IMO :-))

Regards...Bill S
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