Formerly About Applied Materials Message Board

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Politics : Formerly About Applied Materials

AMAT 235.42

-2.2%

3:40 PM EST

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To: Iceberg who wrote (25620)	10/22/1998 7:25:00 PM
From: David Rosenthal	Read Replies (1) of 70976

Iceberg, How about institutional panic buying? Over that last week many stocks in the sector have been moving. Most of the interpretation on SI has been that this is a false rally and the expectation is that it will fizzle out. However, it hasn't fizzled yet. Some of these stocks have almost doubled in a week and are still moving. There has to be some fear of missing out. Maybe some big money decided not to wait any longer. Dave

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