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

To: Skeeter Bug who wrote (19794)	5/31/1998 7:58:00 PM
From: John O'Neill	Read Replies (1) \| Respond to of 70976

Any ideas about AMAT here?? It's testing a support level at $32..... JO

To: Skeeter Bug who wrote (19794)	5/31/1998 8:37:00 PM
From: shane forbes	Read Replies (1) \| Respond to of 70976

skeeter: mu just went through the best years in their history and have no cash a year or two later? where is all this money they are making? they've lost money on the whole 16mb cycle and 64 mb looks worse. During the up cycle 3 years ago was when they were making all that money. Now we are in a down cycle - they are in the process of losing it all. <g> That's the way the cookie crumbles with these true commodity stocks - hence I stay away, far far away... Since this is the AMAT thread, without DRAM pricing AMAT will have to bide its time. Eventually logic will take over as the industry driver and that will be another story...