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Politics : Formerly About Applied Materials
AMAT 307.20+2.0%Jan 12 3:59 PM EST

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To: Gottfried who wrote (27713)1/14/1999 8:15:00 PM
From: Paul V.  Read Replies (1) of 70976
 
Gottfried, Tito, and threaders, Today AMAT reversed upward from a column of "0" with the low of $50 to a column of "x" when it hit $55 today. When it breaks $57 to $58 we will be on our upward movement again. Has anyone notice that the IBD had the $70 options listed within the last couple of days for April. All these, IMO, indicated that we are following Tito's stairstep senario. Tito, how do you see the next step and trading range playing out? Friday is option day and then next week I believe is when the BTB numbers come out with AMAT earnings coming out in February.

Just my $.02.

Paul
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