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

To: 16yearcycle who wrote (12960)	12/11/1997 2:49:00 PM
From: Big Bucks	Read Replies (1) \| Respond to of 70976

Eugene, Nice strategy, should reward you handsomely. I think that a lot of money will flow into the markets in January looking for depressed stocks with great fundamentals. Right now is just "end of the year clearance sale". Funds and Investors were looking for an excuse to sell off and lock in profits before the holidays hit. I think a lot of folks will have cash on the sidelines from selling over the last 1-2 months. There is still billions of dollars moving into stock funds monthly, in the form of 401k and IRA's, not much sense in putting money into banks with an interest rate of around 5%, so it is going into bonds, stocks, funds, where the returns will be higher over the long term. I think that AMAT could reach the mid $30s by mid Feb and will consider selling around AMAT 1st qtr earnings release time or if my target price of $34-36 are achieved. If the stock does drop into the low 20s or even the teens,then the high will likely be $29-31 by mid Feb. Right now I am waiting for other pricing opportunities if they occur below $24-25. BTW, thanks for posting your buys and prices, at what point will you sell, any price targets for us?? Regards, BB