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

To: Gottfried who wrote (9946)	10/28/1997 11:08:00 PM
From: Tito L. Nisperos Jr.	Read Replies (1) \| Respond to of 70976

Gottfried, lost in the euphoria of the market when IBM announced its stock buyback plan---is the fact that AMAT was the stock that LEAPED Upwards from less than 30 to 35 while the rest of the market DIVED during the first few minutes!...

To: Gottfried who wrote (9946)	10/28/1997 11:14:00 PM
From: roly	Read Replies (1) \| Respond to of 70976

GM, I believe the reason the turnaround today was so fast was because people were convinced that the drop yesterday should have not happen in the first place. I'm with you regarding the old exuberance. I'm wondering what will happen if this recovery will be so fast (like the DOW will be at 8500 by Dec. and NAZ up to 1700.) Keep in mind with the Asian problem, we might see lots of money into US equities. There was a post before about Taiwan mutual fund specifically for the leading techs like INTC, MSFT, AMAT. Well, I guess that will be ok for us. Tito may still get his $126 pre split target. Roly

To: Gottfried who wrote (9946)	10/29/1997 8:44:00 AM
From: akidron	Read Replies (1) \| Respond to of 70976

i am in amat because of its volitility, though i am very wary to short because the eventual move is most definately to the upside. so while i expect the overall market to be pretty wild and do not discount the possibility of a 25%+ correction i think it is probable that amat hits 55-60 once earnings and outlook are confirmed. that is a big enough swing from here to get excited about.

To: Gottfried who wrote (9946)	10/30/1997 12:13:00 AM
From: Steve Byers	Read Replies (4) \| Respond to of 70976

GM... I think we've hit a flase plateau... and the market will have another one or two very steep down days, or a week or two of further correction... taking much along with it... including amat, which my bet will drop less than the market... but will be nonetheless below 30 over the next 6 to 10 weeks... the happy faces of the floor traders on Tuesday in the papers will be a sharp contrast when the market again dives to the Monday lows... all is not well in OZ...which is seen in many money managers still sitting on the sidelines... cautiously remembering that prices are set by emotion guided by expectations on earnings and growth, but emotion is the most powerful impactor... witness Intel trading up 20% gapped Tuesday from the low of 70 to 85+... emotion... and today nearer 80... is that because earnings expectations changed? or emotion and perception of value???