Formerly About Applied Materials Message Board

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Politics : Formerly About Applied Materials

AMAT 322.32

-5.6%

Jan 30 9:30 AM EST

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To: Tito L. Nisperos Jr. who wrote (4880)	5/27/1997 1:01:00 PM
From: Xpiderman	of 70976

Former Fidelity Magellan manager Jeff Vinik, another former MU and AMAT bull, started purchasing MU shares again last quarter. Vinik's new hedge fund, Vinik Partners, has purchased $55 million worth of Micron in the first quarter to raise his stake to more than 5% of the fund's U.S. equity holdings, according to Cary Krosinsky, Technimetrics's vice president of research. Micron traded between $29 and $45 in the quarter, suggesting that Vinik is either up or even on his position at the moment. Who knows, maybe has been loading up AMAT too !?

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