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Politics : Ask Michael Burke

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To: Knighty Tin who wrote (38662)	12/8/1998 10:33:00 PM
From: james paterson	Read Replies (1) of 132070

Mike, I hope you & Fred are right about AMAT. I'm short at 38 & planned on shorting more on the way up, but I'm losing my nerve because of the lack of fear & reason the bulls are displaying. Also, it does'nt help when analysts like the CNBC turkey are still recommending it as a strong buy even after it doubled. In the last 2-3 weeks 3 fabs have been shut down, but fundamentals mean nothing. I'm beginning to think that AMAT might make a new all time high. Do you think that reason & sanity will prevail any time soon? James

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