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Politics : Formerly About Applied Materials
AMAT 252.25+0.9%Nov 28 9:30 AM EST

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To: zsteve who wrote (26213)11/14/1998 1:16:00 AM
From: Matt Webster  Read Replies (1) of 70976
 
I think AMAT can go to 45 with a November Fed rate cut, general market liquidity, and hope for another rate cut. Without a cut or any good news out of the sector, I think 27 is the downside. The risk-reward is very balanced at the moment, so the appropriate action is to wait, unless one is confident in one's trading skills.

Matt
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