Gottfried, Find attached a portion of the the article on the CBS
Hardware site.
cbs.marketwatch.com
hard.htx?source=htx/http2_mw
Chip, computer stocks end lower
By Tiare Rath, CBS MarketWatch
Last Update: 4:17 PM ET Mar 26, 1999
. . .Friday, selling hit companies like Applied Materials
(AMAT) and KLA-Tencor (KLAC) after their strong
gains Thursday. Applied Materials' shares dropped
31/4 to 57 13/16, while KLA-Tencor's stock lost 2 1/8 to
49 1/2. Novellus Systems (NVLS) declined 1 1/2 to 531/2.
Applied Materials' shares have been particularly volatile this week.
Wednesday, the company is set to meet with analysts in Silicon Valley.
. .
Next week should be an interesting time after the meeting with
analysts.
Below is a comparison between the 1996/97 with 1998/99 using Relative
Strength (RS), Price, and BTB numbers. Note, price is given in
absolute numbers
Naturally, the above is only my opinions and the data which I have
reviewed from various sources, ie IBD, DW. Readers are reminded the
old saving, "caveat emptor (buyer/reader beware)."
Paul
96/97 96/97 96/97 98/99 98/99 98/99
MTH RS PRICE BTB VRS RS PRICE BTB
7/96 <10 22-25 0.76 20-54 29-34 0.65
8/96 <10 23-27 0.71 38-56 25-37 0.57
9/96 11-15 24-30 0.7 38-50 23-27 0.57
10/96 11-27 26-30 0.78 40-65 22-36 0.75
11/96 15-79 27-40 0.9 62-86 33-43 0.84
12/96 60-87 35-40 1.01 92-96 38-47 0.97
1/97 65-94 36-49 1.08 94-96 46-64 1.12
2/97 90-95 41-55 1.07 94-97 56-71 1.17
3/97 94-95 44-54 1.15 95-97 55-67 na
4/97 94-96 45-55 1.1
5/97 95-97 56-72 1.09
6/97 95-97 58-75 1.07
7/97 95-97 74-95 1.12
8/97 96-99 89-108 1.1 |
