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Technology Stocks : Applied Materials No-Politics Thread (AMAT) -- Ignore unavailable to you. Want to Upgrade?

To: Fred Levine who wrote (5249)	1/31/2003 10:03:05 AM
From: Jeffrey D	Respond to of 25522

Fred: "The most basic of rules is to buy low and sell high. AMAT is low." Yes, AMAT is low but it can go lower. I guess Morgan is thinking it can go lower but not down to his option price of $4.60? Jeff

To: Fred Levine who wrote (5249)	1/31/2003 10:03:46 AM
From: Proud_Infidel	Read Replies (1) \| Respond to of 25522

They have about $5B in cash, no debt and are now trading at nearly 19.5B....the question is how low do we keep cascading down before the buffers like cash become obvious? If there is any good news to be found, the Nas looks to turn into the black even with this disappointing news. We'll see if it does, and if it does, if it can last. I trust nothing nor anyone after the past three years in this market. Brian