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Politics : Formerly About Applied Materials -- Ignore unavailable to you. Want to Upgrade?

To: Tito L. Nisperos Jr. who wrote (33110)	11/9/1999 4:47:00 PM
From: Margarita	Read Replies (2) \| Respond to of 70976

I remember that in 1997 when we were at the top before the earnings AMAT went down big time. Is this the last step of the staircase?

To: Tito L. Nisperos Jr. who wrote (33110)	11/9/1999 6:10:00 PM
From: Lester e.	Read Replies (3) \| Respond to of 70976

Tito, The old man is still here. From thirty years experience in AMAT this is what we can reasonably expect. The stock will soon split. I think it was at 108 last time. After the split it will take a sharp decline, not because business is bad, it just happens. Then it will begin a slow advance for about two years back to 100 for the split stock. For those who want to time the market selling is soon indicated. For those with a long term view, you can just sit back with your doubled stock and wait for it to double again in a couple of years. Incidently my grandaughter was granted a full scholarship to college, so I don't have to sell some of my stock as I had planned. Keep the faith. Lester e.