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

To: Steve Byers who wrote (10035)	10/30/1997 12:20:00 AM
From: davesd	Respond to of 70976

Good news from NVLS... smartmoney.com Also, lools like Hong Kong is have another down day...it's off over 6%. dave

To: Steve Byers who wrote (10035)	10/30/1997 12:42:00 AM
From: Rick Walker	Respond to of 70976

Steve, I'm not questioning your premise that the market is sick, but I do question the use of INTC performance today as an indicator. Instead of market weakness, doesn't it seem probable that the lack of INTC market performance had more to do with (1) announcements of intent to cut the price of Pentium and Pentium-II processors by 24% and (2) no basis to the major stock repurchase rumor? Just an observation. Regards, Rick

To: Steve Byers who wrote (10035)	10/30/1997 1:12:00 AM
From: Gottfried	Respond to of 70976

Steve, if you expect another drop, don't look at tonight's Hang Seng. <G> quote.yahoo.com GM

To: Steve Byers who wrote (10035)	10/30/1997 9:21:00 AM
From: akidron	Read Replies (1) \| Respond to of 70976

i too think that we will see further selling and have place buy orders at 29 1/2 and 25, and will purchase the ANQ @ 35 if they reach $1. one should be vary careful before reading too much into intel at this point. the huge move up on tuesday was as a result of a faulty analysis of previously anounced stock buy backs and the correction came after the story was clarrified. there is little doubt that short term damage has been done to its margins by the markets move to sub 1000 pcs and that it for once is playing catch up at the low end. it will be fine long term but will not lead the market higher right now... that honor will likely fall to AMAT.