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

To: jtechkid who wrote (19626)	5/22/1998 9:58:00 AM
From: Joe Sabatini	Read Replies (1) \| Respond to of 70976

There seems to be quite a bit of pressure on the techs today. Sector rotation? Was there anything specific in the news today that would cause the techs to get bashed (besides the shaky earnings outlook that we already know about)? Joe S.

To: jtechkid who wrote (19626)	5/22/1998 11:25:00 AM
From: Teri Skogerboe	Respond to of 70976

Re: "this could make wall street get nervous and to cover their ass they will downgrade the stock. amat has been strange a week ago you had huge buying at 38-39..." IMHO, it's too late for "wall street to cover their ass". Anyone who hadn't recommended that their clients get out by that last earnings report is worse than useless, big-time. That last run up was a major gift. And no, I'm not bitter about all of WS's silliness -g-.