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Politics : Formerly About Applied Materials
AMAT 242.99+5.2%3:21 PM EST

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To: Proud_Infidel who wrote (30508)5/21/1999 10:36:00 PM
From: MikeGolden  Read Replies (2) of 70976
 
FWIW, historical precedent for this week's performance.

In 1993, 1995 and 1997 AMAT's stock dropped right after earnings release in May and stayed relatively weak through the middle of June. The dips range from 5-10%. After that the stock rose steadily until splitting later in the year.

I wish I had looked at this earlier in the week as I would have saved myself a significant amount of money although I will be pleased to wait and see history repeat itself.

I'd provide a link to this chart but my streaming chart service won't allow this. You need to look at a daily chart in those periods to see the dips, A weekly chart will show it but it's a little less evident.
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