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

To: Tom Kearney who wrote (15309)	2/2/1998 12:25:00 PM
From: Robert Smith	Read Replies (1) \| Respond to of 70976

So What is the next resistance level ? 36 or 40 ?

To: Tom Kearney who wrote (15309)	2/2/1998 12:28:00 PM
From: Jacob Snyder	Read Replies (2) \| Respond to of 70976

OT: MSFT Wait to buy till Janet tells them they can't put a browser in Win98. This is another story where all the bad news is not yet out.

To: Tom Kearney who wrote (15309)	2/2/1998 4:24:00 PM
From: 16yearcycle	Respond to of 70976

Tom, This pretty much sums up what I think in general. I posted it after INTC's blowout, which as usual, was unrecognized by THE DISGUSTINGLY IGNORANT INVESTMENT COMMUNITY: _________________________________________________________ From: Eugene Kearney Wednesday, Jan 14 1998 11:06AM EST Reply # of 15330 I have seen a lot of strange things go on in the last 17 years, but I can't recall being this shocked before. Great technology companies have seen their stock prices drop 30-60% in the past 3 months, on the idea that growth would slow dramatically because of worldwide economic conditions.To be fair, many of these stock prices were too high when this concern began. We have now seen in the past week several bits of information that would lead one to believe that 1) the severe drop off in tech spending in asia has not happened; 2) europe has made up the difference already; 3) the larger companies are staying very profitable. In addition, interest rates are low and staying there. At this point, it appears to me very likely that this drop is/was unwarranted. I may be alone in this conclusion. I believe we are in an all clear mode, in that conditions will certainly improve within a few months, if they haven't already. I am compressing my purchase plan because I don't believe amat will go below 22. ___________________________________________________- For what it's worth, I've regained the entire drop from October. Your thoughts on msft are worth considering. All bs aside,it would work out. 'Course, what do I know?