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

To: Kirk © who wrote (14333)	1/9/1998 3:08:00 PM
From: Kirk ©	Respond to of 70976

Short term oversold? suite101.com Agree? Kirk out

To: Kirk © who wrote (14333)	1/10/1998 11:18:00 PM
From: Big Bucks	Read Replies (3) \| Respond to of 70976

Hi Kirk, I'm going to post a link for a response of my current opinion (which is subject to change 8^) ) to a question posed by Paul V. 207.183.153.88 The current financial crisis in Pac-Rim countries is having a very negative impact on US markets and will likely cause a 10-20% further decline in US markets and stocks prices. AMAT will be at the mercy of investors/funds and will probably follow the market trends. Technology companies are perceived to be weak, or at least be on weak footing, so investors will put their money where things are still strong or have better short/mid term potential. A hard call right now, but any price below $25 should be considered a bargain, if it occurs. Money invested now may see rewards in 1-3 years like we experienced this past year. Short term, investors may not want to wait, but long term investors can't lose, IMHO. Regards, BB