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

To: Debt Free who wrote (20111)	6/10/1998 10:42:00 PM
From: Big Bucks	Read Replies (1) \| Respond to of 70976

Doug, I've got the guns loaded and primed, the next significant movement in the equipment stocks will be due to the B2B number for June. If the number still shows a negative trend then the funds will jump off like rats fleeing a sinking ship. I don't expect any significant upward price until the B2B makes a SIGNIFICANT upward movement from the perceived bottom. The sunken semi-equip mfg sector will have to drag along the bottom for a while, IMO. Any other bad pre-announcements in any sector by a major blue chip company could be a warning shot across the bow of the markets and a significant correction could happen at any time, regardless of what Allan G. has to say. I consider the low $20s an excellent mid/long term buy point and have redirected my aim in that direction. Wouldn't be surprised to see another 20% drop from here in the short term. Tacking for another broadside! BB