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Strategies & Market Trends : Bob Brinker: Market Savant & Radio Host

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To: Skeeter Bug who wrote (5824)7/11/1998 8:01:00 PM
From: Investor2  Read Replies (3) of 42834
 
Re: "i can easily see amat in the low to mid teens before the situation gets better."

Wow! That's quite a negative outlook on AMAT, a drop of 50% from the current price, which itself is a drop of 40% from AMAT's highs. In fact, I think that's the most negative AMAT forecast I've seen. At what level would the Dow Jones Industrial Average, NASDAQ Composite, and S&P 500 be if AMAT went down to the mid-teens? Surely, they would experience significant drops if AMAT goes down another 50%!

Best wishes,

I2
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