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

To: Wildstar who wrote (28265)	2/16/1999 6:36:00 PM
From: Michael Ohlendorf	Respond to of 70976

AMAT has to come down first before it can rise some more. Stock has gotten way ahead of itself. I will be surprised if it does not correct to the 50s again. The following was just posted on the Yahoo thread. I fully agree with it (sorry for posting some more than I usually post but I have to let this out, AMAT is overvalued and overhyped period): earnings down over 80% from last year rev down over 50 % share price up 46% from 2/18/98 PE 116 AM I MISSING SOMETHIG! this stock is so far ahead of its self its unreal Its the typical pump by the MM and analysts And by the way amat is down at 66 -1.875 in afterhours THINK BEFORE YOU TYPE AND HYPE!