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Politics : Formerly About Applied Materials

AMAT 292.20

-1.2%

3:59 PM EST

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To: roly who wrote (28092)	2/9/1999 1:17:00 AM
From: Paul V.	Read Replies (1) of 70976

roly, based on the dw high today of $67 and calculating off the $57 shakeout recently I come to a new projected high of $87 (ten "x" boxes times 3 = $30 + $57). Remember, my absolute standard deviation high is $101.5967. Using the same approach my absolute low was $20.5298 earlier this year. In 1997 my absolute was $104.5494 and absolute low in 1996 of $21.74. The actual DW absolute high in 1997 was $108. Imo, it appears that the standard deviation is useful in projecting but not absolute. We will just have to wait and see. Just my opinions. Paul

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