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

To: Robert Schling who wrote (24728)	9/30/1998 5:19:00 PM
From: Paul V.	Respond to of 70976

Robert, You have probably read my posting of the Dorsey Wright data by this time and viewed C-NBC regarding the bears out in full today. Since the DW data is based purely on Econ. 101 supply and demand I do place a lot of confidence in the data even to the point of jumping in early. From the data and charts which Gottfried, and I have posted I believe AMAT is near the bottom with a greater potential for upward movement. Each individual must make their own decisions as to how much risk they take. If I would have held off later today I would have caught amat at $25 1/4 but no one can tell. With the low volume we saw today I expect things to turn around this Fall. Even AMAT stockholders today were not selling since the Volume was only one half of its average volume. Thanks for your concern. Good luck on your short. Hope you get it. Paul V.