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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: Math Junkie who wrote (28385)2/17/1999 4:26:00 PM
From: Michael Ohlendorf  Read Replies (3) of 70976
 
I told you !! The stock will definitely go down. The excitement will vanish. Plain truth is that the valuation is just unreal !! The Dow sits on a cliff here if the market drops more AMAT will follow. I bet we will see the 50s again. I would not touch the stock here. I would buy in when the NAZ seems to have really bottomed. My feeling is we will have to go down some more for this. There is still no panic selling going on and loud screaming. That has to happen before it is all over.
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