Formerly About Applied Materials Message Board

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Politics : Formerly About Applied Materials

AMAT 242.41

+5.0%

3:59 PM EST

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To: dave db who wrote (21873)	7/15/1998 11:38:00 PM
From: Robert O	Read Replies (2) of 70976

Since June the nasdaq has risen from 1700 to almost 2000 today, an 18% run-up in a month and a half. Many tech companies have outrageous p/e's. Now I know why corrections are so fast and so hard when they come. This is asinine. No amount of negative news matters. The world has gone Helter Skelter at least in the short run. Also, we should see AMAT correct just slightly so MMs can get it right at $30 for Friday expiration.

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