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


To: Margarita who wrote (11284)11/17/1997 4:41:00 PM
From: GR  Read Replies (4) | Respond to of 70976
 
Not good.technically amat is now overbought.,short term.i sold today.as macd still neg.,will buy in again when technical indicators change.i will post if i short or do anything.i am not saying that it can't go to 37-40.,only that i don't like being whip sawed.,so i am out at this time as of today.imho the odds of going to 37-40 are less than a pullback .



To: Margarita who wrote (11284)11/17/1997 6:43:00 PM
From: Howard Feinstein  Read Replies (1) | Respond to of 70976
 
Margarita, HWP missed estimate by 2 cents, but the conference call was very upfront, a CEO trait, and very positive. The stock dropped very slightly and then bounced right back, so I don't think it will be a factor in Tuesday's tech action, although, in these times, Wall Street likes to have a reason to move the market up or down. So if the techs take a hit tomorrow they can say HWP missed their earnings. Only one man's opinion.

Howie