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

To: John L. who wrote (22723)	8/9/1998 9:25:00 PM
From: Math Junkie	Read Replies (1) \| Respond to of 70976

Re: "AMAT's fiscal year ends in October so next summer seems the time for the stock to reach new highs again, not this fall." The ferocious 1997 rally took a little over a year to be completed. If you are correct in your prediction that the stock will be making new highs next summer, then sometime around now would be a good time to invest. If you are concerned about the relatively high valuation in AMAT, you might want to consider other large-cap names in the sector: KLAC, NVLS, TER. Teradyne especially seems like a bargain lately, although it is possible that Wall Street knows something about the company that I don't. (In the interests of full disclosure, I own all three of those stocks.)

To: John L. who wrote (22723)	8/10/1998 12:37:00 AM
From: Paul V.	Respond to of 70976

John L. Note, your post regarding AMAT corresponds with the following Presidential Cycle. Interesting. I wonder if there is some relationship with incumbents wanting to get re-elected and release $$$$$$ into the market, Highway Bill, to get re-elected. No, of course not<g> If this is true then 1999 and 2000 will be great years. Paul V. PRESIDENTIAL CYCLE Source: Yale Hirsch, Editor of "Traders's Almanac" Stock market average growths in Presidential Cycle since 1904: +72% growth in post (election) 1 st year (1997) +63% growth in 2nd (mid term) year (1998) +217% growth in 3rd (pre-election) year (1999) +224% growth in 4th (election) year (2000)