Formerly About Applied Materials Message Board

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Politics : Formerly About Applied Materials

AMAT 226.05

+1.3%

Nov 14 9:30 AM EST

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To: Big Bucks who wrote (24104)	9/11/1998 12:29:00 AM
From: 16yearcycle	Read Replies (2) of 70976

BB, If all you are worrying about is a drop to 6000, then you sound way too bearish today. 6400 is a pe of about 16 with the world collapsing, but low interest rates. I can see it easily. However, if large companies keep spitting out good news, it will support prices not much lower than what we have now. More on topic, the equips are suicidal now. An equip bear probably only needs to watch Japan. If they keep fiddling and stay inactive, amat has to go into the teens. Will you buy and hold if this happens within the month? Or will you wait for a later drop, since you don't see a recovery soon? Or have a made a pest of myself so i shouldn't expect an answer?

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