Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: Proud_Infidel who wrote (22030)	7/21/1998 9:53:00 PM
From: Ramsey Su	Read Replies (1) \| Respond to of 70976

Brian, We did have good volume today, nearly 10M shares. Someone is accumulating. Why? I can't answer the "why" part except to venture a guess that with so much money floating around, there is a need to buy something, anything. As for the accumulating part, that is easy. Just wait a few days and see who upgrades the stock. Ramsey

To: Proud_Infidel who wrote (22030)	7/22/1998 12:02:00 AM
From: Big Bucks	Respond to of 70976

Bk and Vartan, I suspect we will see if a short squeeze is on in AMAT by Friday. As the price goes up we should see the number of shorts decrease on fear of a price run or potential short margin call. I say that this is what will happen since earnings announcement is only about 3 weeks away. Consider this, if AMAT exceeds the newly lowered earnings estimates then it will likely go up, also if layoffs are announced it will likely go up. Shorts don't want to have that kind of unnecessary exposure or uncertainty, IMHO. I wouldn't. Just my opinion, BB