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Strategies & Market Trends : Zeev's Turnips - No Politics -- Ignore unavailable to you. Want to Upgrade?

To: DennisToo who wrote (87882)	6/28/2002 8:37:13 PM
From: Earlie	Read Replies (3) \| Respond to of 99280

Dennis: I am no technician so I rarely forecast time and degree of stock price movements. I can tell you that AMAT makes products for an industry that is getting killed for lack of sales. If the client doesn't sell, does he buy new equipment to make more product that can't be sold? Cap. ex. across AMAT's client base is being cratered. This bodes ill for the future of the company's elevated stock price. If asked to guess, I would speculate that unless things change quickly and dramatically, the share price would still be lobsided at half the current level, and I am comfortable being Vaderian about it until it arrives in that space. Best, Earlie