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


To: Cary Salsberg who wrote (47153)5/23/2001 10:34:19 AM
From: Ian@SI  Read Replies (3) | Respond to of 70976
 
Does an AMAT move from $55 to $10 "seem to be little downside?" I am not making a prediction here, but I know that this is a reasonable possibility.

Reasonable???

Under what conditions?

Possible? Certainly.
Probable? Nope!

I suspect a revisit of the $30s is unlikely. But 10, what would have to happen to the global economy to bring that about?

Ian.



To: Cary Salsberg who wrote (47153)5/23/2001 12:41:44 PM
From: Joseph Beltran  Read Replies (3) | Respond to of 70976
 
Cary,

We are even closer to the bottom in the cycle than we were last month. Highly improbable that AMAT will come close to your buy targets on the current cycle. Think you should look at the charts and revise your entry point upwards.