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To: shane forbes who wrote (9997)	2/23/1998 10:27:00 AM
From: Duane L. Olson	Respond to of 25814

O,WW, you have excellent points, as always...My basis for buying AMAT (and others) was in one "over-riding" thought: End Demand will determine equipment needs. If that statement is true, and if the product demand exists,then my thinking was that AMAT has a market. With a chance to buy AMAT under 30, I didn't think I was risking a lot of downside to go with that approach.. AMAT has been one of your favorites as well, if I recall correctly...so regardless of the assessments, if AMAT goes up for SOME kind of reason, we win, right? :-) TSO