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

To: Skeeter Bug who wrote (26260)11/14/1998 3:26:00 PM
From: Gottfried  Read Replies (1) | Respond to of 70976
 
Skeeter, [edited] re >is anybody else feeling that amat at $40 is
more risky than amat at $20<

Yes, I do.
AMAT has TA resistance at about 40 reached 3 times in April-May.
So if the stock rises it might hesitate there. 40 would be
a good stop for anyone shorting.
ntweb.wallstreetcity.com

G.
Speaking of 20: where was the insider buying when the stock
hit 22?
biz.yahoo.com



To: Skeeter Bug who wrote (26260)11/15/1998 7:55:00 AM
From: akidron  Read Replies (2) | Respond to of 70976
 
posting the wrong guy... I thought amat would break 20 going down before 40 going up... and I'm very nearly very wrong.... If you're asking me, do I think AMAT at $40 is way overvalued, I'd say yes --- one thing the Dell report says for sure is that one of the major PC playa's is going to the wall..... and that margins in that biz are gonna get cut finer..... in fact there's going to be no money to be made at all.


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