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

To: Math Junkie who wrote (23549)	8/28/1998 6:01:00 PM
From: Wildstar	Respond to of 70976

For what it's worth, 52-week lows held today in the following equipment stocks: AMAT EGLS KLAC NVLS SFAM SMTL UTEK whereas new 52-week lows were set in these: KLIC LRCX SVGI TER Of the last four, only TER closed above its 52-week low. Other that have set 52 week lows in the last 2-3 days: ASMLF ASYT CYMI PLAB WFR (this one seems unbelievable)

To: Math Junkie who wrote (23549)	8/28/1998 6:02:00 PM
From: Duker	Read Replies (1) \| Respond to of 70976

Richard, On the LRCX ... I can tell you that a top three holder has been dumping (i.e., "hit the bid") stock for the last 2 days. I have not been able to hold it up. Hah? --Duker

To: Math Junkie who wrote (23549)	8/28/1998 9:29:00 PM
From: Big Bucks	Read Replies (1) \| Respond to of 70976

Rich, Thanks for updating us. I wonder how long some of these stocks that haven't dropped below their 52 week low will hold? My guess is not very long, will end of quarter/year earnings releases be the "straw that breaks the camels' back"?? IMHO, once a large fund decides to unload to reduce downside risk the others will quickly follow suit leading to a "cascade effect". I wonder if anyone wants to change their early year prognostications on GM's charts for low and end of year price?