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


To: Artslaw who wrote (21266)7/9/1998 12:08:00 PM
From: Dr. Bob  Respond to of 70976
 
Steve,

The "buy when everyone is bearish" approach only works when the stock has been way oversold - hasn't happened to AMAT yet (since '96, anyway). When you see a price of 22 and everyone is writing off 1999, then you can START to employ this strategy. There are obviously still some major brokerage houses and SI stalwarts who are distinctly un-bearish!

Bob