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

To: Jeffrey D who wrote (22774)	8/11/1998 10:32:00 AM
From: KM	Respond to of 70976

FWIW: Covering my short here up 4 points until after the earnings report/conference call.

To: Jeffrey D who wrote (22774)	8/11/1998 10:36:00 AM
From: akidron	Read Replies (1) \| Respond to of 70976

Can't contribute much these dayzzzzz.... Toooo busy.... read a few posts... jus' wanted to say..... the concept of a "suckers rally" is flawed as there are beneficiries in every deal.... the rally was based on 'hope' that a bottom had been reached --- that stability was at hand. It seemed pretty obviously to me that the hope was forlorn, but it being obvious was a negative because I was on the wrong side of a 30% move to the upside. That said I am definately on the doom and gloom side of the AMAT equation... My view is that it will lose big buxx next Q as its expenses (both fixed and variable) are way too high to support current revs because they misread the boomlet last year. I expect 22 this quarter, think 19 is probable and would not be shocked at 12.