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

To: Scott Brooks who wrote (12785)	12/8/1997 5:50:00 PM
From: Dr. Doktor	Read Replies (1) \| Respond to of 70976

All: Nice rebound in the last half hour of trading. Spike in volume and average size of trades would indicated institutional accumulation on the dip. We'll see $40 this week. Regards, DOK

To: Scott Brooks who wrote (12785)	12/10/1997 12:01:00 PM
From: Math Junkie	Read Replies (1) \| Respond to of 70976

<<The buyback represented in this PR is simply to offset any dilution from the employee stock plans>> You are correct. You are also correct about my place of employment, although I am too low on the totem pole to know much in the way of inside information, and thus am on here speculating along with everyone else <G>. <<It does not in any way indicate the cos. opinion on the relative price of the stock - inexpensive or otherwise.>> My opinion, or maybe I should call it a guess, is that such announcements typically occur closer to a bottom than a top. Because of the lock-in prices in ESOPs, it is to a company's advantage to buy stock for such programs when it is cheap. I don't remember seeing press releases like that in the summer of 1995 or this September, for example. I continue to believe that the high executives have a much better idea of when the stock is expensive or cheap than I do.