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


To: pat mudge who wrote (36462)8/9/2000 6:39:37 PM
From: Math Junkie  Respond to of 70976
 
You might get in tomorrow. AMAT has this curious habit of selling off the day after a strong report, especially if it ran up before the report. The usual pattern is a short spike up in the first minutes of trading, followed by a downturn for the rest of the day. Maybe it will happen this time too, although with all of the weakness lately I have my doubts.



To: pat mudge who wrote (36462)8/9/2000 8:17:10 PM
From: michael97123  Respond to of 70976
 
I think institutional interest will move the stock tomorrow. Those folks buy in quantity and can only nibble in after hours trading, if that. Maybe I missed something but I think these were blowout earnings for CSCO & AMAT and with Benign Greenspan on deck its just a matter of time for new highs for csco and at least 90 for amat imo. I dare not say I really expect new highs for amat by years end but if we get a Greenspan election year rally with that old time volume, who knows. And regardless of your political persuasion both candidates are market friendly in their own way. In reality unless one party gains control of Congress and white house it doesnt really matter who wins re: economy.Divided government is good for business IMO.