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

To: marc henschke who wrote (30607)	5/26/1999 2:17:00 PM
From: Katherine Derbyshire	Respond to of 70976

>>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?<< William O'Neil claims that most of the action in any particular stock will be due to broad market behavior. Essentially all* tech stocks are down big time this week, even the ones with much clearer short term prospects than AMAT. Pundits blame interest rates, which may put particular pressure on capital equipment suppliers. In other words, don't take it personally. Katherine

To: marc henschke who wrote (30607)	5/26/1999 2:22:00 PM
From: Will Lyons	Read Replies (1) \| Respond to of 70976

I just heard the tail end of a radio news broadcast. Some [important?] analyst put out statement to the effect that there could be an additional twenty percent correction in the tech? or semi? [I did not get the whole statement] sector. Anybody else hear this? If so please tell us who said exactly what.