Formerly About Applied Materials Message Board

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Politics : Formerly About Applied Materials

AMAT 249.89

+3.1%

3:59 PM EST

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To: Donald B. Fuller who wrote (21618)	7/12/1998 2:37:00 PM
From: Big Bucks	Read Replies (3) of 70976

Don, I had to respond to your querry. AMAT announcement will shake the chip/semi sector, in combination with the Japanese elections/uncertainty the markets will sell off big, IMHO. Earnings just aren't there to support such lofty market valuations. Money will move out of the semi's to look for some upward mobility for the rest of the year. The fund managers will get out with all they can and come back into the semis in late Aug/Sept looking for bottom values. This will be the catalyst for a summer sell off/correction in the markets,IMO. Just my opinion, BB

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