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


To: Matt Webster who wrote (26246)11/14/1998 2:30:00 AM
From: zsteve  Respond to of 70976
 
re -- >>I think AMAT can go to 45 with a November Fed rate cut, general market liquidity, and hope for another rate cut. <<

i don't think amat can go to 45 even if FED cut rate .25% this year. we should see nasdaq 2060 and djia 9500 before we see amat 45, and i see 20% chance fed will cut rate on nov. 17.

but, but only god knows where the market and amat will go. one may say why amat can't goto 100 if TGLO can go to 97 from ipo 9 in first trading day (with a market cap $.95 billion, 6 month revenue $1.2 million and 6 month loss $5.8 million). then i say ...