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Politics : Formerly About Applied Materials
AMAT 261.90+0.4%Dec 26 9:30 AM EST

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To: Gottfried who wrote (9946)10/28/1997 11:14:00 PM
From: roly  Read Replies (1) of 70976
 
GM,

I believe the reason the turnaround today was so fast was because
people were convinced that the drop yesterday should have not happen in the first place.

I'm with you regarding the old exuberance. I'm wondering what
will happen if this recovery will be so fast (like the DOW will be at 8500 by Dec. and NAZ up to 1700.) Keep in mind with the Asian problem, we might see lots of money into US equities. There was a post before about Taiwan mutual fund specifically for the leading techs like INTC,
MSFT, AMAT. Well, I guess that will be ok for us. Tito may still get his $126 pre split target.

Roly
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