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

To: Ramsey Su who wrote (22925)8/12/1998 1:37:00 PM
From: Robert Smith  Respond to of 70976
 
Going back to 26. SHORTED today at 34.



To: Ramsey Su who wrote (22925)8/12/1998 2:00:00 PM
From: Big Bucks  Read Replies (1) | Respond to of 70976
 
Ramsey,
I see no reason for the stock to go up, much less, stay above $30 for
the next several months. Outlook poor sales, breakeven earnings
(utilizing additional write offs). I suspect funds will unload since
the guidance was very poor going forward, they will want to retain
as much of the gains from their buys at $26 as they can. Look out
below.
Heavy volume but the bears are winning, price is declining.

iqc.com

Just my opinion.
BB


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