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Politics : Formerly About Applied Materials
AMAT 318.63-3.0%3:59 PM EST

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To: Gottfried who wrote (32751)10/7/1999 5:41:00 PM
From: robert b furman  Read Replies (1) of 70976
 
Since all owners are in a profitable position there is no "overhead resistance" (sellers who held on when they were underwater and are now tickled pink to get all of their money back). I affectionately call these Blue Sky Breakouts - They often are gloriously characterized by a fast rising price.

Bob
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