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Politics : Formerly About Applied Materials

AMAT 231.54

+3.4%

12:18 PM EST

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To: Ian@SI who wrote (44087)	3/20/2001 8:01:08 PM
From: michael97123	Read Replies (1) of 70976

Ian, When Nasdaq hits one dollar lets cash in our chip and buy ourselves a Bud. Gloom and doom, the seeds of a bull market are in the making. From what I read of the Feds decision I would expect another cut(intermeeting) if there is some more bad news. Markets are going to need to stabilize on their own. This week could be the 8th down week in a row and if nasdaq somehow gets to 1700, we will have had a 67% correction. My belief is that the nasdaq will solidify first as the Dow finds its bottom. This market is writing off all the tech advances of the 90's. Maybe we are going to hell in a handbasket but I just dont see it. My own business is suffering but I fully expect it to rebound. I have what folks need. They will have to write that check sooner or later. There is no avoiding progress. mike

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