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Politics : Formerly About Applied Materials
AMAT 260.77+0.2%Dec 24 12:59 PM EST

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To: 16yearcycle who wrote (13260)12/15/1997 1:08:00 AM
From: Big Bucks  Read Replies (1) of 70976
 
Gene,
I think this will be the surest bet you ever made if you
follow thru with this strategy!! Don't forget that AMAT
has already given guidance about Q1 expected results. We are in
the 1 month "cusp" of uncertainty. In mid Jan Amat's
price should start increasing in anticipation of earnings
barring a total collapse of Korea, but I don't see that
happening. The currency has likely hit bottom and the
IMF and Korea's trading partners won't allow a major
default to occur as it would have devestating consequences
to the markets and world banking. The worst is probably over
in Korea but it will still be rocky for a while,until they
get things in order and under total control.

I knew deep inside that you were a gambler (just a
conservative one! <VBG>)

Regards,
BB
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