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

To: Raiders who wrote (9269)	10/23/1997 6:04:00 PM
From: Big Bucks	Respond to of 70976

Raiders, This current downturn is typical this time of year for the semis, they have had outstanding runs to very high levels. Why pay premium prices going forward when you can take profits and wait till valuations are cheap again? This is a profit game, at some point we are all going to take the profits and look for better appreciation potential elsewhere, or at a later date, with our new found windfall. This includes the funds who need to make the shareholders happy with an appreciaiton in their investments. I expect there will be some significant up and down volatility over the next 2-4 weeks as analysts, traders and market makers manipulate the market with upgrades, downgrades, etc., and wring profits out of the volatility. Just my opinion, BB