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

To: Jeff Sutton who wrote (12896)12/11/1997 10:05:00 AM
From: Chi-X  Respond to of 70976
 
"Merrill Lynch just moments ago literally downgraded novellus, kulicke & soffa, applied materials credence and veco. Those are the 5 names I have got. There may be others."

per CNBC's David Faber



To: Jeff Sutton who wrote (12896)12/11/1997 10:06:00 AM
From: gambler2  Read Replies (1) | Respond to of 70976
 
What I can't understand is AMAT is down 5 1/2 they didn't announce anything. KLIC did and is down only 7. Why????? If and When AMAT announces this thing can be in the teens?? This is crazy, not logical investing(selling).



To: Jeff Sutton who wrote (12896)12/11/1997 1:13:00 PM
From: William L. Oppenheim  Respond to of 70976
 
You are not foolish, at least alone. Just a few months ago this thread was talking about breaking 65. I sold at 50 and 45 (post split prices), just because I didn't believe that anything had happened in the year to warrant a 4 fold increase. Now I am pursuaded that nothing has happened that warrants a 50% decrease either. I'll shortly be a buyer with an 18 month horizon (taxes you know).


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