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

To: Proud_Infidel who wrote (15353)	2/2/1998 8:34:00 PM
From: Taby	Respond to of 70976

If asian markets move like today, we might see 50 by friday. I am not kidding, right now Malaysia is up 23.7% can you believe that?!!

To: Proud_Infidel who wrote (15353)	2/2/1998 8:39:00 PM
From: stockycd	Respond to of 70976

AMAT is over bought at this point. Look for a pull back starting around Thursday along with the rest of the sector. The pull back will be brief however, so traders: LOCK and LOAD!

To: Proud_Infidel who wrote (15353)	2/2/1998 8:56:00 PM
From: Darth Trader	Respond to of 70976

<<but isn't the next area of resistance in the $36 range?>> Serious resistance on the AMAT chart is at the $35 level. Look at today's chart, Dec 6, and Nov 20. Volume needs to pick up if we are to break through.

To: Proud_Infidel who wrote (15353)	2/2/1998 9:04:00 PM
From: 16yearcycle	Respond to of 70976

Brian,was this posted? Japan is a wreck, the world is going to he....blah, blah.. February 2, 1998 (TOKYO) -- Personal computer sales of 2,000 mass retail home electric appliance stores surged for four straight weeks over the year-before levels, according to GfK Japan Ltd., an information service company. During the first week of January 1998 (Jan. 5-11), sales increased compared with the same period a year ago, making it the fourth consecutive week of higher sales over the year-before level. According to GfK Japan, PC sales during the first week of January dropped 34.1 percent in units and 32.3 percent in value from the previous week. (See table.) But these sales results compared favorably with the same week a year ago (Jan. 6-12, 1997): up 11.0 percent in units and 8.4 percent in value. The average sales price rose 6,090 yen (US$48.30) from 224,744 yen (US$1,780) the previous week to 230,834 yen (US$1,830). Sales volume plunged sharply in a week-on-week comparison, following the usual sales drop at the start of each year. In year-ago weekly comparisons, sales were up for four consecutive weeks since the third week of December 1997. Sales of notebook PCs during the first week of January jumped 63.1 percent in units compared with the same week a year ago. The sales volume of desktop PCs decreased 12.7 percent, a comparatively small margin of decline. PC sales by mass retailers of electric home appliances in 1998 started out firm. GfK Japan collects POS data from 54 IT-related retail companies dealing in volume sales of home electric appliances and about 2,600 stores (as of October 1997) throughout Japan. Nikkei Market Access, which provides its members with IT data, giving weekly reports of PC sales in volume and value under cooperation with GfK Japan. The number of units and amount handled have been based since 1996 on the same 41 firms (about 2,000 stores) to enable a time-series comparison. It is estimated that the PC sales volume by the stores covered by GfK Japan amount to about 10 percent of the total domestic shipments and about 25 percent of storefront sales.