Formerly About Applied Materials Message Board

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Politics : Formerly About Applied Materials

AMAT 252.25

+0.9%

Nov 28 9:30 AM EST

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To: Sun Tzu who wrote (67805)	2/13/2003 12:54:49 PM
From: chomolungma	Read Replies (2) of 70976

Turkish inflation ran 47% in 2002 and 54% the year before. All else being equal, you would expect the currency to decline by that amount eating up most of the oversized return on debt instruments. Ain't markets efficient sometimes?

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