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


To: Chris Anderson who wrote (12981)12/11/1997 5:20:00 PM
From: gambler2  Read Replies (3) | Respond to of 70976
 
I agree with you and I think most people will as well. Someone posted before that AMAT was at 10 7/8 in July '96. It then went on to hit 108 this August. That's 1000% on your money in 12 months. I'm not saying that's going to happen again (it would sure be nice), but after a while people just ask the question " How low can a stock go"? I can see INTC, CPQ, DELL, MSFT, IBM losing alot of ground, that's because they are so much more overvalued and have alot more room to fall. From AMAT's side $27, you can almost see the floor. Just an opinion..