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

To: Proud_Infidel who wrote (21080)	7/3/1998 6:11:00 PM
From: Ramsey Su	Respond to of 70976

Brian, I am trying to compare the industry today versus 2 years ago when AMAT was trading in the teens. It appears that we are in worse shape now and therefore suspect that AMAT or the sector has not hit bottom. The 26 should hold if, as I posted earlier, that any bad news are just within the industry. The market should not be surprised if AMAT pre-warns in the next few weeks. That is why I think if will take a market correction to break this support level and is indeed the reason why I am so concerned about Asia. Good or bad, Asia is going to set the trend for things to come here. Ramsey