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


To: akidron who wrote (19607)5/21/1998 1:20:00 PM
From: jtechkid  Read Replies (1) | Respond to of 70976
 
NEXT STOP twenties. i think its funny all these funds and firms trying to hold amat up at 38-39 with those numbers. it was comical.



To: akidron who wrote (19607)5/21/1998 1:58:00 PM
From: 16yearcycle  Read Replies (1) | Respond to of 70976
 
")... the time to buy is when the institutions lose their nerve - many points due south of here."

This has nothing to do with my comment about us being near the business bottom. Your comment is about the appropriate time to purchase any stock, and it is a correct observation. I am suggesting we are near the bottom of the trough in orders and b to b.That doesn't mean we won't crawl along the bottom for months causing a severe contraction in price along Jacob's guidelines. In fact, I think we are guaranteed much lower prices if we are still trolling the bottom come fall, with no improvement in Asia. If that happens, we will see the mid 20's. No point in being a hero now.