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Politics : Formerly About Applied Materials
AMAT 219.89-1.5%10:14 AM EST
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To: robert b furman who wrote (50489)8/13/2001 10:55:31 PM
From: Katherine Derbyshire  Read Replies (1) of 70976
 
>>The bottom may well be best defined by mergers acquisitions and bankruptcies(including currency devaluations if the country is dumb enough to fight deficits with fiat currency).<<

Another sign will be complaints and countercomplaints about unfair trade practices and DRAM "dumping."

Unfortunately, we aren't seeing mergers, bankruptcies, or significant production cutbacks yet. In fact, the DRAM players are playing chicken (again) to see who blinks first.

Katherine
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