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

To: Big Bucks who wrote (24766)	10/1/1998 12:15:00 AM
From: Gottfried	Read Replies (2) \| Respond to of 70976

Big Bucks, [edited] you said >If the funds continue to hold, then maybe we stay in the low/mid $20's. If they unload then we're going to the teens.< I assume the funds are as well or better informed as those who frequent this thread. The funds ARE responsible for results quarterly - unlike private investors. If they guess there will be no upward movement in AMAT by YE'98, they may elect to drop the stock and pick it up early in 1Q'99. That is tricky timing, though. They can't be as nimble as individual investors. My bet is if they haven't dropped AMAT by now (Oct.1st), they'll hold through YE'98. And that's why AMAT has a halo. We don't know how old the IBD institution count (posted by Karun) is by the time IBD publishes it. Several months, probably. Of course all I said will be hogwash if there's a global meltdown. I've never been through one of those.<g> GM