Formerly About Applied Materials Message Board

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Politics : Formerly About Applied Materials

AMAT 230.22

+2.2%

12:40 PM EST

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To: Thomas J. Smith who wrote (29236)	3/28/1999 7:55:00 PM
From: Big Bucks	Read Replies (2) of 70976

Dear PORKY, Please provide us some details, are you looking at MACD, Momentum, Stochastics????? I see some downside potential but if AMAT gives an improved business forecast then things could reverse quickly. A price below $52-55 could be a good buying opportunity. It is interesting to note the market seems to be topping out, even Abby Cohen only sees a DOW maximum of 10,300 this year. There comes a point where inflated stock prices don't entice investors anymore and the inevitable saturation occurs, fortunately the chip market and its product applications is still expanding. AMAT is selling the capability to improve production and profitability. Chip companies will either continue to invest or be forced out by the competition. iqc.com Just my opinion, BB

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