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


To: Mark Duper who wrote (37668)10/3/2000 10:05:02 AM
From: jmac  Respond to of 70976
 
That's been typical for the past 3 weeks. I don't know why the market listens to these idiots anymore but apparently, they do.



To: Mark Duper who wrote (37668)10/3/2000 10:08:16 AM
From: michael97123  Respond to of 70976
 
Just picked some up at 53.5. Amat will come roaring back today if naz holds up. Everyone waiting for big sell off in naz--will not come. September replaced the selloff scenario imo. Market way oversold and even bears have to concede that a bounce back rally is due. I think it will start here and accelerate thru earnings. Maybe Greenspan will talk a bit about lowering rates sooner rather than later. Recession not inflation is the real curse word for the economy. Rates would never have been raised this high if they would have known about oil/euro problems. The only thing keeping the election close is the market sell-off making folks wonder a bit. Greenspan owes Clinton and likes Gore. Watch for a signal.



To: Mark Duper who wrote (37668)10/3/2000 10:16:53 AM
From: Proud_Infidel  Read Replies (3) | Respond to of 70976
 
AMAT lost $10 last week, is already down $5 for this week......if it continues at this rate we'll be at Zero before November.

Perhaps Soundview is a new contrary indicator. Downgrading AMAT, yet not NVLS and LRCX?!? Don't they compete against one another? Shouldn't suupposed weak market conditions(assuming there are any) affect all and not just the leader? I cannot believe these analysts have any clout left after bad call after bad call they have made. Then again, perhaps I am wrong and Soundview knows why AMAT, after falling nearly 60%, is unattractive.

What is most amazing to me is that AMAT continues to fall while I hear every analyst and his mother recommend fiber optic stocks. At the end of the fiber, aren't chips necessary to process the data?

BK