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


To: Tito L. Nisperos Jr. who wrote (26093)11/10/1998 5:19:00 PM
From: MrGreenJeans  Read Replies (2) | Respond to of 70976
 
INTC

Trading after hours at 100 13/16...



To: Tito L. Nisperos Jr. who wrote (26093)11/10/1998 10:13:00 PM
From: Paul V.  Respond to of 70976
 
Tito,I'm afraid my prediction last Friday --- "On Monday, if the DOW chooses to backtrack a little before clearing 9000, then we could expect AMAT to Dip to 33.15 in a few days..." --- won't happen anymore now that INTC had spoken of Brighter things ahead. The price of 33.15 and below would have been the great last chance for those who are waiting for a good price to come aboard the AMAT Train...

I concur. It is 1996 all over again. Remember, how we were echoing that the train had left the station and that the analyst were left behind. Now, the reverse is true. The analyst's kept the Relative Strength up this time by buying in early and are waiting to make big money. Again, like I have stated many times earlier, "What is the downside risk vrs the upside gain," even at this price. With my target at $101.50 I at these prices do not consider AMAT a non-buy. Zcks have them rated the same as INTC at 1.9.

Just my $.02.

Paul V.