Examines the resurgence of open ethnocentrism & anti-Semitism in postcommunist Hungary to address whether anti-Semitism will remain on the fringes or become a central way of thinking, which depends on the elites' capacity to tolerate it. Interview data gathered in 1992 from 1,000 college students indicated that 32% held collective negative beliefs about Jewish people; factors related to this included social, educational, & financial status of subjects' parents & type & location of educational institution attended. Analysis revealed two types of anti-Semitic views: xenophobic & identity forming. The dynamics & possibility of spread of these two ways of thinking are discussed. 28 Tables, 1 Figure, 43 References. T. Shimane