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

To: davesd who wrote (9378)	10/24/1997 10:29:00 AM
From: Gary	Respond to of 70976

These days, it seems to make more sense for CEOs of companies like AMAT & LSI to let the market overreact, and say nothing, because if they say anything it can be held against them later. Perhaps, Amat will announce a stock buyback when the price gets lower-- At this point, given their 2 year runup, what have they got to lose by letting the stock decline via an overreaction. Long term they have nothing to lose, it seems, but this is NO consolation if you were long the stock 20 points ago, I know. Gary C.

To: davesd who wrote (9378)	10/24/1997 10:32:00 AM
From: KM	Read Replies (1) \| Respond to of 70976

Dave: I wonder how much is a rush to the exits and how much is the sharks (professional shorts/hedge funds) smelling blood? I wouldn't dream of selling at this point (either my shares or selling short). I'm betting there will be mucho short covering in the days leading up to AMAT earnings.