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Politics : Formerly About Applied Materials
AMAT 254.72+0.9%3:59 PM EST

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To: Big Bucks who wrote (13898)1/4/1998 8:09:00 PM
From: Paul V.  Read Replies (1) of 70976
 
Big Buck, >Hi Brian,
I think tax selling is probably done, should see AMAT just
holding between $29-31 for a few weeks till the funds start
buying heavily again. (January effect).<

Just returned from a week in the Bahamas. I am happy to see that you threaders have kept our AMAT stock up. I noticed in the Tuesday's IBD that the funds have continued to increase their exposure into AMAT with 402 funds in AMAT when compared with the 398 in previous weeks. I am awaiting the increased pop when the buying into AMAT and the Semiconductors increase rapidly. I will be checking the Dorsey Wright Bull percentages for the NYSE, OTC, and sectors as soon as I get caught up with my reading and correspondence.

Greetings.

Paul V.
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