Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: Anhua Luo who wrote (17495)	3/13/1998 12:40:00 AM
From: Paul V.	Read Replies (1) \| Respond to of 70976

Anhua, The DW Bull support line is at $32 and holding. The bears and bulls are fighting it out. However, in looking at the volume AMAT with an average volume of around 11,000,000 daily traded share, I see that the volume is way down. Check todays volume traded. My conclusions is that AMAT stockholders are not selling but holding. The mutual funds owning AMAT has increased from 396 a few weeks ago to 407 this past week. Big Bucks, and others believe that that AMAT will go lower--how much lower no one knows. IMO, I can not see it going to much lower if at all. But, I am fully in AMAT and other stocks. At I have previously posted an investor, IMO, must consider the upside downside risk of saving a few $ vrs what do I have to lose in waiting on the sidelines and then chasing the stock up. IMO, as most on this site will stress, AMAT is a sound financial with excellent products and service and the leader in the semi-equip sector. Just my opinion. Paul V.