Formerly About Applied Materials Message Board

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Politics : Formerly About Applied Materials

AMAT 306.24

-0.3%

1:38 PM EST

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To: Iceberg who wrote (25615)	10/22/1998 6:41:00 PM
From: Dr. Bob	of 70976

Ice, Insider trading seems unlikely, since it was a move in the entire sector. A large organization going long on the sector, or covering a major short position on the sector seems more likely. Sometimes brokerage houses upgrade a number of companies in a sector all at the same time, too, and this news goes out to its clients a day before it gets to the general public, as another possibility. Bob

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