Formerly About Applied Materials Message Board

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Politics : Formerly About Applied Materials

AMAT 226.05

+1.2%

3:59 PM EST

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To: Wildstar who wrote (26928)	12/6/1998 12:25:00 PM
From: Proud_Infidel	Read Replies (1) of 70976

Wild, Re: Jeffrey, I don't understand the meaning of your last post. When I wrote that note, those stocks did hit new 52-week lows that day. Was there something factually wrong in that? Factually wrong? No. But you presented the "facts" out of context. You tried to paint them as having no value with that statement when in fact the sector was in the throes of panic selling. Looking at only the price of a particular security at any point in time is meaningless if in fact people are terrified and selling at any price. In this sense you were absolutely wrong and the recent run corroborates this view. BK

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