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Politics : Formerly About Applied Materials -- Ignore unavailable to you. Want to Upgrade?

To: Paul V. who wrote (14385)	1/11/1998 12:24:00 AM
From: Big Bucks	Respond to of 70976

Hi PV, Re: My gut is still telling me that the Mutual funds have bought and are buying at these prices. I haven't seen any trading volume that gives me this impression, seems that if large bulk purchases were going on then the price would be rising on rising volumes. I think the funds will wait a while and stay in cash until things smooth out and more tech companies announce earnings and give their "guidance" during the conference calls. Besides, Dave Dhillon is getting horny, or rather growing horns and he leads the fund strategy movement by 4-6 weeks. (sorry DD I couldn't resist temptation <VBG>). Look for large block purchases to announce fund "buy in", this will be the pre-cursor for a sustained upward price move, IMHO.. Just my opinion, BB