SI
SI
discoversearch

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: Ramon V. Frias who wrote (27378)12/23/1998 12:40:00 PM
From: Paul V.  Read Replies (1) | Respond to of 70976
 
Ramon,According to the Dorsey Wright site, only 4 Mutual Funds have
positions in Amat, as of 12/22/98.

EquiTrust Value 170,000 shares
Target-Large Cap Growth 252,000 shares
Transamerica Premier Balance 26,000 shares
Parnassus Fund 325,000 shares

Am I interpreting this data correctly, and how often do they update those figures?


Are you speaking of the www.dorseywright.com site ore the SI Point and Figure Charting site? Either way, I do not know. All I know is that AMAT according to the IBD Data is that they have the Sponsorship ranking as a "B" and it has moved up from a ranking of approx. 7 from 197 approx 6 months ago with a relative strength of 96 and an accumulation ranking of "A."

AMAT normally follows INTC in a delayed fashion according to price. An price increased are based on pure supply and demand.

Paul V.