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Politics : Formerly About Applied Materials
AMAT 322.31-5.6%Jan 30 3:59 PM EST
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To: Teri Skogerboe who wrote (22650)8/7/1998 12:52:00 PM
From: Gottfried  Read Replies (2) of 70976
 
Teri, you said > I find it hard to believe that all those excess DRAM fabs disappeared two nights ago.<

They didn't and physical conditions change slowly, over time.
But investor sentiment can change abruptly. The oil service
sector is a good example: no great physical changes. There's
still a glut of crude and news of rigs being stacked. But the
sector's stocks have been soaring for two days.

GM
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