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

To: Proud_Infidel who wrote (19381)	5/13/1998 1:18:00 PM
From: jtechkid	Read Replies (2) \| Respond to of 70976

first, just shorted more at 39.25-hope it goes higher so i can short more. i know daw very well everything they have predicted has been dead wrong like their stock. also, my basis for my short was that estimates will be coming down dramatically and the recovery will not happen this year. i was right on the money. one thing i agreed with brian is the market is overvalued and at this point anything goes. if you look at 98% of companies that have reduced eps like that usually their stock gets killed. also, amat did 50% of their business in the last month. also, even with reduced numbers they did not have a real cancellation which in the near tear i see is good chance they will.obviously, some people were disapointed because the stock was down 1 doller at the open. so still convicted in the short not convinced because the stock is up as the street tells its clients everything is allright but their action on eps say something else. if i saw something different i would cover and take a loss but the reality is everything i believe is coming true. the stock will follow it. good luck. i'm glad people are acting civilized. also, if this is the bottom why is sox barely up has been down most of the day.