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

To: Justa Werkenstiff who wrote (19720)	5/27/1998 10:32:00 PM
From: jtechkid	Read Replies (2) \| Respond to of 70976

cramer just wrote a funny article on amat and how they keep putting the spin to make everything look postive. today, was just shorts covering at the end of the day. i covered half my short position at the end of the day. why? hoping to short amat and the others at higher prices. the fundamentals are awful only thing holding things somewhat up is liquidity is still bullish and the short position in the market is still high. i mean only reason mu does not go to 15 today is just aboout half the float is short right now and once while the demand comes from covering. amat stated two things they need for a recovery is dram pricing firming and japan stabilizing. both of these events are turning worst than even i thought. at best , you will see a trading market till mid june then we will see some disasters pre announcements. come on amat , bounce for me .