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


To: Henry D who wrote (29476)4/10/1999 12:13:00 PM
From: KY  Read Replies (1) | Respond to of 70976
 
I sure hope so.

I keep finding reasons not to pull the trigger once again on AMAT. Don't think it will go that low though...seems to be riding the 50 day moving average pretty well.

60 maybe.

KY



To: Henry D who wrote (29476)4/11/1999 4:49:00 PM
From: Stefan  Read Replies (1) | Respond to of 70976
 
You can not predict prices in this market. Stock prices are disjoint from the value of underlying securities. Market ignores all negative news and in some cases bad news is a cause for a rally.
AMAT should be in low twenties but who knows where the speculators will take it.

Thake this statistic from one of the posters on SI and make your own conclusions:
Microsoft was up $100 billion in the first quarter. US
GDP was up $111 billion in the fourth quarter.