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Politics : Formerly About Applied Materials
AMAT 249.89+3.1%Nov 26 3:59 PM EST
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To: 16yearcycle who wrote (20269)6/12/1998 2:39:00 PM
From: jtechkid  Read Replies (1) of 70976
 
i'm a buyer because i like the valuation and i smell a panic selloff. nothing has changed in 6-9 months that is not apparent. japan sucks, really-no sh-- their stock market and econmy is disasterfor a while now. i think its bullish japan is reaaly getting hit because now they ADMIT they have problem and withh the doller way overvalued to the yen it will shock them into doing something drastic for the econmy. regarding eps. everybody pre announced last quarter if you rememer and the stock rallyied because wall street is long term investors but in reality they are not. my point as nsm and others stated at worst the the october quarter will be as good or better than july quarter. the stocks have discounted in my opinion to reflect pretty bad news and anything slightly positive, a buyback-merger-allright numbers, we will rally hard-these stocks are getting hit but nothing really has changed except people are panick selling. but, the reality it could worsr in stock price because you might have some downgrades but its a good time to enter a position. their lot of people that were like at 30 i'll buy then it hits 27 and now they will wait to 22 and people do that on the sell side and ity hurts them.
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