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Politics : Formerly About Applied Materials
AMAT 322.31-5.6%3:59 PM EST

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To: Tito L. Nisperos Jr. who wrote (8776)10/17/1997 2:45:00 PM
From: Tech Buyer   of 70976
 
Tito, Mr. Greenspan got his wish for a little less exhuberance. If this correction sticks, it would eliminate any possibility of a rate increase this year. Long bond yield is still under 6.5%. Those bond traders sure seem more calm and collected than the stock traders this week. Still waiting for my next AMAT entry point in the 30's. My guess is it will run up above 50 before the Nov 20 earnings & CC.
TB
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