Formerly About Applied Materials Message Board

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Politics : Formerly About Applied Materials

AMAT 259.26

-4.0%

3:59 PM EST

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To: Ian@SI who wrote (22850)	8/11/1998 8:51:00 PM
From: Czechsinthemail	Read Replies (1) of 70976

Ian, Judging from how far it has rallied off its lows, I'd say there has been a fair amount of optimism priced into AMAT shares. Given AMAT's market dominance and financial muscle, no doubt some of that optimism is understandable. But I'm also unsure whether the stock has fully discounted the bad news. I really haven't gotten a clear idea of near term direction for the stock price based on the announcement. Perhaps it will depend on the macro news and surrounding market environment. Baird

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