Formerly About Applied Materials Message Board

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Politics : Formerly About Applied Materials

AMAT 232.53

+3.8%

3:21 PM EST

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To: Gottfried who wrote (21060)	7/2/1998 2:10:00 PM
From: Joseph J. Clark	Read Replies (2) of 70976

Is it possible we are at the bottom?? I am perplexed at the performance of AMAT, KLIC, KLAC in light of earnings warnings and estimate reductions. I would have expected these stocks to be lower than they are right now. So let's suppose AMAT warns....what is the bottom...27-28? The only thing I can see that can drag these stocks significantly lower is that the perceived recovery will not occur in the timeframes that have been floated about (mid/late '99). Looking to add to my position (and establish a position in AMAT leaps) but still waiting.

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