Formerly About Applied Materials Message Board

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Politics : Formerly About Applied Materials

AMAT 223.95

+1.7%

Nov 21 9:30 AM EST

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To: Jacob Snyder who wrote (26469)	11/18/1998 5:31:00 PM
From: Gottfried	Read Replies (2) of 70976

Jacob, you returned just in time before we sent out a search party. :) I doubt a Gulf war would cause a drop of 2000 DOW points, even though the one in 1990 caused that size drop [percentage wise]. My reason is in '90 the opposing force was an unknown, now it isn't. DOW chart... averages.dowjones.com Re >at current valuations, there is nothing to do but wait till the fundamentals reassert themselves. I reiterate my hold rating on AMAT.< Maybe the fundamentals won't reassert themselves for a long time. I would prefer they would, because then I'd have a chance of understanding stock prices. But I can't afford to sit on the side lines till they do. No quibble with your hold rating. I appreciate your posting your thoughts! Gottfried

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