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Technology Stocks : CATS - Catalyst Semiconductor
CATS 25.89+1.6%Jul 2 5:00 PM EST

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To: Winner Victorious who wrote (46)12/11/1995 11:32:00 PM
From: damniseedemons   of 231
 
I was wondering what was going on with AMAT! My idiot broker (he's gone soon) said there was no news.

Where did you hear the news that Fidelity was completely out of AMAT.

I guess the stock jumped because investors knew that without the presence of a large fund, the stock could be less subject to a major selloff by that fund (thus, downside is limited). What do you think?

As for the discussion of the B-t-B... 1.14 is a GREAT ratio! It's too bad that Wall Street will think that it is not good enough. Tomorrow, I expect a small selloff in the morning (nothing that noteworthy), and watch, the "defensive" stocks (with B-t-B's of about 1.00, damn it!) will get more buying action. Reiteration: Don't go and dump for semis, they aren't going to get crushed, just expect to lose about a point or so in the morning. Who knows, there is a slight chance that they may even finish the day higher.
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