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

To: akidron who wrote (18405)	4/2/1998 8:29:00 AM
From: Narotham Reddy	Read Replies (1) \| Respond to of 70976

Semis awakening... AMAT indicates a higher opening[May be 38]. Have not seen 38 in few months. Disk Drive sector seems to be on the prowl. Narotham

To: akidron who wrote (18405)	4/2/1998 11:20:00 AM
From: Justa Werkenstiff	Read Replies (1) \| Respond to of 70976

I don't think it is any coincidence that this latest run on AMAT started on April 1. I am not talking April Fool's day either. Given today's continued action in AMAT after the KLAC preannounce, there appears to be a rotation going on here by the institutions into this sector after the close of last quarter. How long it lasts in anyone's guess. I would not want to be standing in the way of this buying with a short position. One thing I have learned is never stand in the way of the big money on either the short side or the long side of stock.