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

To: Kirk © who wrote (43548)	3/12/2001 12:08:54 PM
From: michael97123	Read Replies (1) \| Respond to of 70976

Cap, Heard over the weekend that PC inventories were low too. Is it only an amat bottom you are referring to or overall nasdaq as well? We need a propellent of some time to get a reversal in nasdaq. All news is bad news going on now. Just like a year ago in reverse. Didnt Amat break down before nasdaq? I bet you years from now we will look back at the two year chart and see year 2 chart fit right over year 1 when flipped over. Mike

To: Kirk © who wrote (43548)	3/12/2001 12:31:07 PM
From: Jacob Snyder	Read Replies (1) \| Respond to of 70976

You're right, the chart looks very strong. AMAT is flat today, while everything else is down. AMAT has been bouncing at support for the last couple of months, while other stocks have been setting new lower lows. If I hadn't heard about 37 semis warn recently, I'd be going long, too.