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

To: Gottfried who wrote (25432)	10/17/1998 4:36:00 PM
From: Big Bucks	Read Replies (2) \| Respond to of 70976

G, FWIW an article that sees things the way I do. biz.yahoo.com BB

To: Gottfried who wrote (25432)	10/17/1998 8:54:00 PM
From: Paul V.	Respond to of 70976

Gottfried,I had to multiply earnings by 20 to make them visible). So I think the recent price of 22+ was the lowest we'll see. That means our thread consensus was too low (it was around $19) With all our agreements it is scary.<g> But I do agree when looking at your data that we probably have reached the bottom. Lester E. is a very perceptive and has the wisdom that is very important to this site. Bet he is just ecstatic with the fact that we are turning the corner upward and is ready to count his additional $$$$<g> When the IBD Relative strength for AMAT gets in the 90's again, the DW SEMI Sector gets near or above the 70% we know that we are approaching the top for AMAT. Maybe, we need to develop a check list (criteria) for AMAT of the variable that we have gathered regarding the highs and lows prices for AMAT and when to possibly sell at the highs or buy at the bottom. Perhaps you, Teri, Big Bucks, Dr. Snyder, John L. Tito, Lester E. Brian and others can individually develop a checklist (criteria) against which we can compare against. Then, we could compare each of our criteria with each others and develop a common criteria. Don't know if this our work but we would have a common resource and sources of data against we could bounce off our thoughts against the data. Any thought? I am still amazed that we have not fallen below $21.5. Again, my only conclusion is that the Funds have been holding up AMAT as reflected in AMAT's Relative strength to prevent them from getting caught like they did in 1996. Otherwise, with all the negatives we have cited AMAT would have fallen into the mid or low teens. Just my opinions. Paul V.