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

To: Tech Buyer who wrote (9516)	10/24/1997 6:26:00 PM
From: derek cao	Respond to of 70976

Thanks, Tech Buyer! We really need this kind of good news. derek Standard Disclaimer

To: Tech Buyer who wrote (9516)	10/24/1997 7:05:00 PM
From: Tito L. Nisperos Jr.	Read Replies (1) \| Respond to of 70976

Tech Buyer, For 2 weeks the Bears got a nice ride down. First they concentrated on INTC, the Semi leader; then AMAT the Sem-Equip leader. INTC's "timely" News helped them to the bottom. The latest reason the Bears used in pummeling AMAT is the problems in the Far East which should affect every Semi-Equip company; Yet they punished the leader more than the rest of the group. They even spared CYMI (thanks to your post) just because the company reported more than expected Earnings; although CYMI is just as affected as the rest of the group in the so called problems in Asia. Something is not right here... Now that the stock Dipped to 45%, Analysts upon Analysts are appearing on TV saying the stock was overdone, oversold, due for a bounce, AMAT is gaining market share from LRCX, etc., etc... The Bears got a good 2 weeks;...it's the Bulls turn to have a nice ride next week---as the Earnings Report for AMAT approaches...