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

To: Teri Skogerboe who wrote (15177)	1/30/1998 8:10:00 PM
From: Paul V.	Read Replies (4) \| Respond to of 70976

Teri, and Threaders, Based on the Dorsey Wright Bull Semiconductor % and AMAT Chart I believe we are going to have a pop in AMAT. The SEMI Bull % chart hit a double high at 34% when it hit 35.30 percentile at the close of Tuesday. Also, AMAT is set to hit a triple top at 33 which is very bullish. Today, Friday, we hit the $33 to form a triple top. With a broad base of 14 columns (o's & x's) x 3 pts per column we have $42 to be added to the low of $26 equaling a new $68 projection. Based on this and what other Analysist are projecting we have more that one projection of $68 by the end of FY 98. Paul V.