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

To: jtechkid who wrote (18143)	3/24/1998 7:11:00 PM
From: Tom Kearney	Respond to of 70976

J, just curious? How do you take BAD news? ;->> (eom)

To: jtechkid who wrote (18143)	3/24/1998 9:46:00 PM
From: The Vinman	Read Replies (1) \| Respond to of 70976

I agree with your analysis of the current irrational state of the market. Quantum warns, and they see no improvement until at least September(which they cannot honestly predict right now) and yet the stock and the entire disk drive sector was up today. An analyst said, "Well, they are gaining some market share in PC business." Hello! Did you read the press release? PRI automation warns that they will miss number badly yet stock goes up along with AMAT!!! Stocks like YHOO have 4.6 BILLION market cap and the company had LESS than 100 million in REVENUES last year. Market is a joke...... Vinman

To: jtechkid who wrote (18143)	3/24/1998 9:55:00 PM
From: 16yearcycle	Respond to of 70976

Kid, I live and work near msft. My average cost per share is $9, with shares as low as 2.80. I, like many here, have good knowledge of this company. This will mean nothing to you, perhaps, but you have shown with your post, a lack of awareness of the usual public comments coming out of the CFO's office. MSFT did not make these comments to drive up the stock price. They are letting the investment community know the truth about their business, and how they see it going forward. You can bet the farm that it is way better than they are disclosing. Specifically: "they management said this will be the high in eps and and per share eps are likely to fall from quarter to quarter for the rest of 1998." This is a comment they have made several times per year for years. Early 1997 is the lone exception that I find from my notes. "they management are also concerned because of the high pe ratio-and they have not purchased any shares this quarter in which you had the highest insider selling in the history of the company." They also didn't buy shares in the 4th q of last year(fiscal).The stock price was 60-65, which has turned out to be a bargain. You must know that insider selling figures on msft are silly, right? Trust me: I couldn't care less what msft does tomorrow.

To: jtechkid who wrote (18143)	3/24/1998 11:02:00 PM
From: Steve Rolfe	Read Replies (2) \| Respond to of 70976

re: wrong, it will come back and bite hard. FWIW, The book I am reading suggests to: Go with the trend or watch from the sidelines, but never go against the trend. I am beginning to see the rationale behind going with the trend. The opinion of the market as a whole is correct because this is what drives the prices. Bulls confidence vs Bears confidence. As this uptrend continues more and more Bears reluctantly give in and join in. Maybe the market is just acting like the Japanese leaders were/are?. If we act like there is no problem, maybe there isn't and maybe if we ignore the problem long, enough time goes by, and we look up and see that the problem has magically disappeared. You are right at some point the market will punish us for ignoring some of these problems, but recent history suggests this does not happen often. To coin a phrase: "Proceed with caution"