Formerly About Applied Materials Message Board

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Politics : Formerly About Applied Materials

AMAT 231.85

+3.5%

12:57 PM EST

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To: Gottfried who wrote (25326)	10/15/1998 10:36:00 PM
From: Paul V.	Read Replies (2) of 70976

Gottfried,Next year's earnings picture still looks down. If I were a betting man with AMAT R/S moving up to a new plateau, today at 62, with the FED easing with its funds and discount rate, with Japan starting to get their act togather, I would bet that there will be more capital for purchasing SEMI equipment available within the next 9 months. Remember, that WS looks 6-9 months ahead when pricing the SEMI Equip makers. Therefore, new orders will be coming in for AMAT and AMAT price will be jumping probably topping out somewhere in July-Sept. before the Y2K problem begins to settle into the market. Today, we saw another "x" added to the advance column at $29 after breaking a double top at $27. I will be watching very carefully the SEMI sector chart data. Just my opinions. Reactions? Paul V.

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