Formerly About Applied Materials Message Board

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Politics : Formerly About Applied Materials

AMAT 267.87

-0.6%

Dec 5 9:30 AM EST

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To: Paul V. who wrote (23224)	8/23/1998 10:42:00 PM
From: John L.	Read Replies (1) of 70976

Paul, I think Big Bucks nailed it, the % gain will be higher as your entry point drops. The risk is you miss the uptick, so far they have been false and there is nothing in sight to justify a move up. The markets are not rational so this logic may not pay off, but I will wait for the low 20's until there is a real indication things are turning around. Investors are jumpy and we could see a quick move in AMAT either way when the layoff is announced this week. The trend is our friend and it is decidedly down for the time being. I hope in 12 months we can look back and be happy with our choices, being invested in AMAT will pay off, the only ? is how much and when.

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