Formerly About Applied Materials Message Board

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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: Math Junkie who wrote (48925)	7/9/2001 8:10:57 PM
From: Jacob Snyder	Read Replies (1) of 70976

Yeah, the mantra for as long as I can remember (I started paying attention in 1995) has been: stocks do better than bonds. This is a change, pushing bonds. It indicates a sea change in sentiment. It sure takes a lot of pain before people change their behavior. About a year, to 18 months, too late, for CNBC and the brokerages to start telling us to diversify into bonds. They probably have a lot of high-yield telecom debt they want to unload, before all the CLECs go belly up. I almost bought some TXN 2004 calls today, didn't quite get my price, probably will tomorrow.

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