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

To: Robert O who wrote (30606)	5/26/1999 1:55:00 PM
From: marc henschke	Read Replies (3) \| Respond to of 70976

To all: I've been following AMAT closely for several years now, and I've got to say that the price movement on this stock over the past week has been the most perplexing I can ever remember. After listening to that bullish conference call last week, and watching the analysts dramatically raise their future earnings projections, I thought that the worst case scenario might be a flat stock price if the broader market was to come under pressure. Instead, the stock has tanked 20% on an intraday basis over the past four trading sessions. Incredible. So what the @*%&! is going on? Who is it out there that has orchestrated this sell-off? Is it particular brokerage houses? Is it particular institutions? What praytell is their reasoning? Of course, I've learned in the past that in any given year for AMAT there will be at least a few irrational, panic sell-offs that later (and usually only a short time later) prove to huge mistakes for the sellers and great buying opportunities for the rest of us. But nonetheless, I still put myself through this seemingly useless exercise of searching for reasons that oftentimes simply don't exist. Any thoughts out there? What do you make of this past week?

To: Robert O who wrote (30606)	5/26/1999 5:05:00 PM
From: Proud_Infidel	Read Replies (1) \| Respond to of 70976

Hyundai Electronics Starts Producing 64M SDRAM Chips May 26, 1999 (SEOUL) -- Hyundai Electronics Co. announced that it has started mass production of graphics-type 64M SDRAMs to meet expanding demand from domestic makers of games and graphics devices. "Our 64M SDRAM chip handles data at a rate as fast as 166MHz, and it features 0.22-micron circuit technology," a Hyundai official said. "Starting in the second half of this year, Hyundai plans to sell more than 1 million chips a month, and we expect to generate 100 million won in annual sales," he added. (1,189.1 won = US$1) The price of the chip stands at about US$14 per unit, he said. (Maeil Business Newspaper, Korea) nikkeibp.asiabiztech.com