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

To: Steven Angelil who wrote (14487)	1/12/1998 4:13:00 PM
From: Big Bucks	Respond to of 70976

Steve, Everyone is waiting for the earnings announcements over the next 2 weeks and watching the "Asian Equation" before investing in the most volatile tech stocks and equipment makers. Be patient, the bottom is very close, we will know soon if we have landed. INTC is one of the keys, they report Tuesday after market close. (6" from the bottom and holding.) Just my opinion, BB

To: Steven Angelil who wrote (14487)	1/12/1998 4:18:00 PM
From: Jon Tara	Read Replies (2) \| Respond to of 70976

Remember, Steven, the dog wags the tail, not the other way around! I doubt that AMAT will make any serious upside move until after INTC earnings are released. Then, if INTC reacts favoribly, AMAT should move up smartly. Conversely, if INTC reacts badly, AMAT will already be positioned to take an even greater beating than INTC. Such is the life of a flea riding on the tail of the dog. :) Not sure that I want to be caught holding AMAT through INTC earnings, so I suppose I have a small window in the morning to dispose of my newly-acquired shares. Shoulda bet on the genuine article - could have gotten INTCW below 52 when I bought the AMAT this morning. Sigh. Technically, both look good short-term, though INTC looks better.