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

To: jtechkid who wrote (22566)	8/6/1998 11:51:00 AM
From: Joe Sabatini	Read Replies (1) \| Respond to of 70976

I remember a few weeks ago, you were saying that 'Now is the time to initiate a position.'. Do you still feel that AMAT will never go below 26-27? I agree that AMAT cannot possibly stay in the mid-30's for long. How can MM's think that AMAT's numbers will be all that great? The Asian situtation has definitely not improved. Long term, AMAT will be a great stock. The visibility is simply very poor at this point. I sold at 34 1/4. Waiting to buy back at 30 or below. I think I'll get it during September/October. Joe S.