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


To: derek cao who wrote (13512)12/17/1997 11:15:00 AM
From: Gottfried  Read Replies (1) | Respond to of 70976
 
derek, I suppose your warning is based on gut feel? That's ok.
I have a question on the value of futures vs expected market action the next day. Last night and many nights before the SP500 futures
and NASDAQ100 futures were posted here. Since both were up, we
thought that was a good sign for the market today. Now the rally
has fizzled. How good an indicator are the futures? Maybe they
are good only as an indicator for the opening the next day?

GM



To: derek cao who wrote (13512)12/17/1997 11:27:00 AM
From: Jeffrey Thompson Hunter  Read Replies (1) | Respond to of 70976
 
Derek,if I bot at 26,I would grow horns too.Until Asia stabilizes and we enter 1998, Amat will wait to get to fair value, which is about 40.We are adjusted to Morgan & Co. announcing 42, down from 52 on next Q.The company had an opportunity last week and everybody expected the adjustment, but the Q is too young now.Silence is golden.me



To: derek cao who wrote (13512)12/17/1997 7:07:00 PM
From: Pat Allen  Respond to of 70976
 
Derek,

Your reminder to members of the thread that might be overextended that AMAT could very well still dip to a level where they could get hurt may not be a popular sentiment but it does show class.