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

To: advocatedevil who wrote (56718)	11/30/2001 8:03:57 PM
From: advocatedevil	Respond to of 70976

Semiconductor Alert! (Nov. 26-30) Commentary & analysis of week's chip news siliconstrategies.com snips: Chip inventories are higher than expected... The stock market may be getting too far ahead of the chip market. It now turns out that semiconductor inventories are not going away as fast as some people had expected and that could delay the recovery. DRAMs go south again, Hitachi slices Singapore output by half... After the brief run up in DRAM prices earlier this month, the DRAM market has turned very weak again. This unexpected softness is now causing a fresh round of problems for DRAM suppliers. 3rd-quarter chip-gear orders just plain awful--down 75%... No one on this planet was looking forward to seeing the third-quarter shipments and orders for global semiconductor equipment. But it was even lousier than I expected. AdvocateDevil

To: advocatedevil who wrote (56718)	11/30/2001 8:14:47 PM
From: kdavy	Respond to of 70976

ST trading: summary and plan for next few weeks. This morning I covered half of my trades in pre market. 2000 amat bought@ 40.20 sold 1000 @ 40.45 net $250 2000 mxim bought@ 51.25 sold 1000 @ 53.80 net @2550 2000 lltc bought@ 38.70 sold 1000 @ 38.70 net $1200 Total net for the day $4000 ( please don't talk about taxes) still holding 1000 each of amat, lltc and mxim. amat closed @ 39.74 down 0.44 mxim closed @54.81 up 3.56 lltc closed @41.03 up 2.33 I will sell my lltc and mxim monday morning after some more profit. Will keep amat and will buy more for each point drop from here. If there is no drop then will sell for one or more point profit. I believe the market will not go down for next three weeks. Each drops will be used as a chance to buy and trade for profit. The chip and chip equipment stocks ( s and sce) have responded strongly despite bad news from nvls. Trends from pnf are intact. November was a good month. kdavy