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

To: geof who wrote (9610)	10/26/1997 2:18:00 PM
From: William L. Oppenheim	Read Replies (1) \| Respond to of 70976

Well, who said you haven't heard anyone say that. Look back at my postings when I sold at presplit 92 and 99 just cuz the price had quadrupled, and the intrinsic value had not. The prevalent feeling at the time here was that the stock was going perhaps another 30% higher. I missed the high at 105 or so, but I also missed the 40% drop. this isn't really a ' I told you so' but rather a comment on high and quick we can expect any stock to go before reality sets in. The market has a way of reminding us of reality every now and then. As far a cheap enough, I'm waiting for the momentum to reverse. One of the very few uses for tech analysis as opposed to fudamental analysis in my view.