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

To: Jeffrey D who wrote (29251)	3/29/1999 3:25:00 PM
From: Paul V.	Respond to of 70976

Jeffrey, AMAT just completed a reversed up today when it hit $61 for a double top. As we have been discussing it appears that AMAT will be starting its final step to $100 and up as Tito and I have been posting. AMAT is following very close to the same TA pattern as it did in 1996/97. It is amazing! If it follows we should have approx. $7 near run up reverse approx. $4 and then run up approx. $24 during May. This will give us new highs in the $83+ range during May followed by a slight correction in June and a final run up in July and Aug to $100+. Naturally, the above is only my opinions and the data which I have reviewed from past Dorsey Wright charts. Readers are reminded the old saving, "caveat emptor (buyer/reader beware)." Paul

To: Jeffrey D who wrote (29251)	3/29/1999 3:31:00 PM
From: ILCUL8R	Read Replies (1) \| Respond to of 70976

Tomorrow's Meeting ---- What influence will tomorrow's meeting have on AMAT share prices? Cap'n Jack will make a statement about the present and future prospects for the company, won't he? I also heard about some sorta' special info or guidance to be given to analysts. I've scoured various sites and find nothing exceptional about the prospects for semi-cond equip companies. Sure, various ones get a contract or two here and there, but no concerted push to retool fabs or build new ones -- at least as far as I can tell. Is the "U" shaped gradual correction scenario still intact? The reason I ask these things is that AMAT has been flirting with its 50 day moving average of late and as one previous posted stated, there is no technical support for AMAT below the EMA so if this is broken decisively it becomes a good prospect to short. Comments anyone?