Formerly About Applied Materials Message Board

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Politics : Formerly About Applied Materials

AMAT 322.34

+1.1%

Jan 23 9:30 AM EST

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To: Ramsey Su who wrote (22574)	8/6/1998 1:42:00 PM
From: Proud_Infidel	Read Replies (1) of 70976

Ramsey, Re: I am not sure if it is short squeeze or just mutual funds with lots of cash desperating looking for any big cap to put money in play. Just a guess, but I believe most fund manager's have Nov '96 ingrained into their memory(when the stock gapped up 8 points following + comments) and do not want to be left out should any + comments be made on the 11th. IMO, we'll see this type of action around each earnings release and a pullback each time no + news is forthcoming. It also does not hurt that relative to the rest of the market, this sector is especially attractive on a PEG basis. BK

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