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

To: Big Bucks who wrote (24173)	9/11/1998 9:42:00 PM
From: Proud_Infidel	Read Replies (4) \| Respond to of 70976

BB, Why do you believe we are headed down another 20%+ from here? I am not saying its impossible- this market has proven me wrong on many occasions. For instance, I did not expect to see AMAT break support on such low volume after its 30M share day last Dec. That still has me shaking my head. Anyway, this group has traded pretty much in tandem and at the same time is trading at historically low valuations by nearly every measure. Do you expect the entire group to fall when AMAT does? If AMAT is to fall to the levels talked about here, we should be seeing the entire group fall in sympathy. Do you feel this is realistic when many are down 84%+? In short, what exactly is not priced into these shares and could potentially be the "second shoe"? exchange2000.com BK BTW, I think it is a crime for AMAT to trade below MU. Not from a TA standpoint, but from the view that AMAT will have pricing power at some point in the future, while MU never will. Again, here I just shake my head.