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

To: shane forbes who wrote (20144)	6/11/1998 3:10:00 PM
From: Michael Ohlendorf	Read Replies (1) \| Respond to of 70976

Anybody watching ASMLF ? I covered my shorts at 35 last week and am currently kicking myself since the stock started to fall out of the blue about half an hour ago and cut through the 35 resistance like butter. Currently at 33 1/2 and dropping. This morning it still traded at 38 in Amsterdam and also started the day at this level in the US. What is going on ? Any more downgrades ? More downside to come here ? Thinking about entering a straddle to ride the volatility. Any comments appreciated !