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

To: shane forbes who wrote (19912)	6/4/1998 4:26:00 PM
From: Justa Werkenstiff	Read Replies (1) \| Respond to of 70976

shane: Re: "The thing that is buying the stock is a lot of hope - much of it unwarranted. We ought to see mutual fund dumping at some point - esp. at quarter's end I would think." You are seeing that dumping right now I suspect. After the Feb. cc, AMAT hit its post cc low in early March, then recovered for the rest of March going from 31 13/16 during the day on March 10 to 35 5/16 close at the end of March. You then had a nice rally during the first three days of April because the sellers had exited. April 3rd trading day high was at $39 3/8. Will the cycle repeat? Time will tell all.