Formerly About Applied Materials Message Board

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Politics : Formerly About Applied Materials

AMAT 269.55

+0.3%

Dec 4 3:59 PM EST

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To: Henry Eichorszt who wrote (30252)	5/17/1999 7:50:00 PM
From: Tito L. Nisperos Jr.	of 70976

Hi EveryBody, RE "Salomon Smith Barney analyst Milind Bedekar knocked the wind out of a few chip equipment stocks Monday." Is History going to repeat itself? Around this time during the Last Bull Market two years ago (May 30, 1997 if my memory is right), one Lady Analyst --- Erika Klauer from the Wisdom of Salomon --- issued a DownGrade/Sell Signal on AMAT @ 65 (the stock came from 72 two days earlier) saying among other things about her target of 65 being met for the stock and that the future of the Company and for the rest of the Semi-Equips in the months ahead are going to get worse... She was proven right about AMAT the Company, but not until: --- Alan Greenspan the following Summer talked about Stocks being Too High that caused Investors to Pull out their Money from SouthEast Asia, that resulted in the Last Bear Market that is now History. But the Wisdom of Salomon was Wrong in Prematurely Selling AMAT the stock: --- AMAT ignored every disbelieving Bear when it went on to hit 108+ that summer... before sliding down for a year to the Post Split price in the 20s... Isn't it Great to Invest with History at your side?...

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