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Politics : Formerly About Applied Materials
AMAT 226.05+1.3%Nov 14 9:30 AM EST

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To: Michael Ohlendorf who wrote (28282)2/16/1999 8:27:00 PM
From: stockycd  Read Replies (1) of 70976
 
Michael,

we will see the 50s again before we can go to the 70s

Yeah, maybe. Technically, AMAT and the others are due a firm correction but you have got to remember...When AMAT's earnings start growing, they will explode, and the market always looks ahead. The BTB tells the story. Orders are picking up. Couple that with the fact that we are on the low side of a cyclical upswing and we are about where we should be.

Chris
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