Formerly About Applied Materials Message Board

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Politics : Formerly About Applied Materials

AMAT 322.32

-5.6%

Jan 30 9:30 AM EST

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To: Teri Skogerboe who wrote (22675)	8/7/1998 9:31:00 PM
From: Clarksterh	Read Replies (1) of 70976

<As I recall there was significant insider selling at AMAT in 1997 prior to the big drop in stock price. I guess that was them telling us what they were hearing from their customer polls.> Maybe, but at that point (mid August), I suspect that they were just selling because they hadn't been able to sell in a while (depressed stock), and AMAT was pretty pricey right then (it had just quadrupled in price while only increasing revs by 30% or so). And at that point most of Asia didn't even know they were fast approaching a cliff. All JMO, 'cause none of this is provable. Clark

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