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


To: Skeeter Bug who wrote (27128)12/13/1998 10:22:00 PM
From: Gottfried  Read Replies (2) | Respond to of 70976
 
skeeter and all, a successful fund manager endorses AMAT and others.

excerpt [not that this is news to you]
He says the time to buy a stock is "when
there's blood in the streets." Take Applied
Materials (AMAT), for instance, which came
under a lot of pressure with the slowdown in
the building of fabricating plants for the
semiconductor business. But Oelschlager says
the chip market is starting to pick up.

"Applied Materials is an example of a stock that
just got trashed about a year ago in last year's
fourth quarter. They cut the stock in half in the
fourth quarter and they gave us a chance to
add to the stock, and we're still in it."

He says AMAT's numbers "are starting to
come in better…and they're just starting to
come out of the contraction."
<

cbs.marketwatch.com

It seems to me the blood crusted long ago.
But the story was posted as news on Yahoo today.

Gottfried