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


To: jtechkid who wrote (21313)7/9/1998 4:23:00 PM
From: Proud_Infidel  Respond to of 70976
 
AMAT & INTC among the stocks Frank Capiello likes:

cbs.marketwatch.com

Excerpt:

Another principle is that enumerated by Sir John Templeton: the principle of maximum pessimism: go where the outlook is the most miserable . . . that's where you'll find the cheapest stocks combined with the best possibilities for a higher price.

So, combining earnings surprises with sectors that Wall Street hates, the following stocks are worth considering:

AT&T (T) It's a stock everyone loves to hate....but remember it is in the Dow and carries a good yield.

Applied Materials (AMAT) A technology stock much affected by the Southeast Asia slowdown.

Intel (INTC) Best of the chip makers, still cheap despite being down about 20 percent from its high.