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

To: Proud_Infidel who wrote (27902)	1/28/1999 8:18:00 PM
From: Xpiderman	Respond to of 70976

LRCX reported a better than expected number with a bullish statement. Hope this will bold well for the whole industry: "Early signs of a recovery in the semiconductor industry have led to increased demand for wafer processing equipment," stated James W. Bagley, chairman and chief executive officer of Lam. "Although capital spending remains well below 1998 peak levels, we have begun to see an increase in market activity as our customers transition to 0.18 micron and implement new processes associated with smaller geometries. Lam's leading edge products for etch, chemical mechanical planarization and cleaning address critical requirements for the fabrication of these next generation devices, positioning the company for future growth as the semiconductor industry recovery strengthens," Bagley concluded.

To: Proud_Infidel who wrote (27902)	1/28/1999 9:24:00 PM
From: Paul V.	Read Replies (2) \| Respond to of 70976

Brian, Gottfried and threaders, following is that Dorsey Wright data effective the close of today. Date: 1/28/99 Symbol: AMAT Name: Applied Materials Inc Recent Price: 59 Sector: Semiconductors, Bull Confirmed 76 + Sig: Buy Relative Strength Col: X Trend: + Point & Figure Sig: Buy Momentum: + Momentum Weeks: 2 Pattern: Double Top The statistical Probabilities of Chart Patterns for double top pattern is Profitability is 80.3%, with an Average Gain of $38.7 over 11.5 months. AMAT's more than doubling in price during the past cycle took place in 12 months low in 1996 when it reached a high of $108. Naturally, the above is only my opinions and the data which I have reviewed from the Dorsey Wright site. Readers are reminded the old saving, "caveat emptor (buyer/reader beware)." Paul