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

To: secrus2 who wrote (21756)	7/14/1998 7:31:00 PM
From: Bong Lewis	Respond to of 70976

"What's your AMAT buying target?" i have been in and out amat a few times since oct 97 and recently out at 38 from 35 based on charting and monentum. this time, amat's position in asia get worser so my buying target have to be lower. among the semi-equip group, amat is the only company that i am willing to bet against the down size. if i would loss money, i am willing to hold on until it recover and i believe it is one of the only that can if ASIA Flu could last longer. based on charting, my first buying target is 25. i would buy a little. if it further, i would buy more on another 10% off. i still have a lot of cash so there is no hurry to make money fast. this how i have money in the past, slow but less risky too.