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Politics : Formerly About Applied Materials
AMAT 339.94+3.3%Feb 11 3:59 PM EST

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To: marc henschke who wrote (32181)8/20/1999 2:10:00 PM
From: Joseph Beltran   of 70976
 
mark, thanks for articulating my exact thoughts. I was sitting in front of my screen earlier this a.m. trying to reconcile the action in amat, ter, nvls in light of the action in intc and mu and eventually gravitated to the conclusion which you did. if you notice, the "sell-off" in this sector is on relatively light volume. the volume at day's end will be slightly above average daily volume. on the other hand, intc is advancing at 2 times average daily volume....

regards
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