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

To: Math Junkie who wrote (26385)	11/17/1998 6:15:00 PM
From: 16yearcycle	Read Replies (1) \| Respond to of 70976

"In case you didn't notice, AMAT's book-to-bill is above 1:1 for the first time in a long time. Not good news for shorts." I resemble that remark. I won't stay on the "dark side" for long. I prefer to be one of the good guys.

To: Math Junkie who wrote (26385)	11/18/1998 6:48:00 PM
From: Richard Strutz	Read Replies (1) \| Respond to of 70976

Hey Rich, Anything can happen on AMAT, who's right bull or bear? Technically speaking I see greater volume and failure to reach a new high today- not good. The sector is still weak, and after a recent run up since 10/8 the big money players will take profits. BTB isn't alone going to make the stock respond, sector rotation will and I don't see that right now. AMAT is a leader, unfortunately it's in an out of favor area on WS for now. I see a pullback to high 20's to low 30's range within 30 days or so, then consolidation before upward moves again. Last qtr. I rode this stock down from 34 to 24 or so, it appears to ready for that again. Just my 2 cents. Good luck to all, Rich