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

To: Gottfried who wrote (17492)	3/10/1998 9:21:00 PM
From: stockycd	Respond to of 70976

All, I fully agree with this concept. But does it only work in industries that have 6-8 month periods of negative earnings? Investors are so quick to dump these stocks when there is the slightest bit of bad news, but they are also quick to buy them back when there is the slightest bit of light at the end of the tunnel because the reward can be so great. Take the recent semi-equip drop last year for instance. (Which we are all very familiar with). The absolute worst case was priced into the stock back in January. Now, most everybody realizes that it's not going to be quite as bad as once thought: POP! Goes the stock price. And the buying resumes. CD

To: Gottfried who wrote (17492)	3/10/1998 11:56:00 PM
From: Paul V.	Read Replies (2) \| Respond to of 70976

Gottfried and threaders, Did you see the analyst from Prudential, Ralph Acampora, who is calling for a Dow of 10,000 by the end of the year. Wouldn't be nice! In charting AMAT through IBD'S data what appears is interesting but confusing. The EPS in January was 88 now it is 99, the R/S was a 70 High in Feb. but 38 now, the accumulation was in Jan. C but since Feb./Mar ranged between B & A, the G/S Jan through current E, and increased from 396 Funds the last of Feb. to a new high in todays paper of 407.The IBD R/S of amat indicates to me that amat will be moving lower. Any guesses when? Regards, Paul V.