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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: Flan who wrote (26392)11/17/1998 8:00:00 PM
From: Georgeb  Read Replies (1) of 70976
 
You have a good perspective. I have lived and breathed AMAT for two years on a daily basis. I made some money by selling covered calls, then buying them back on the valleys.

AMAT will definitely do well eventually, but the fundamentals do not now support this price. On the other extreme, there were recently on this thread even those excessive pessimists who felt that a $9 price was justified.

Somewhere in the next two quarters I believe we will drop below $30 again before we hit $50.
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