Formerly About Applied Materials Message Board

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Politics : Formerly About Applied Materials

AMAT 261.26

-0.2%

12:36 PM EST

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To: Tito L. Nisperos Jr. who wrote (10049)	10/30/1997 11:16:00 AM
From: roly	Read Replies (1) of 70976

Tito, After Mondays incident, I talked to sveral of our employees participating in 401K. First, nobody moved their money out. Second, a lot of them didn't even know what happened. The point is, the flow of 401K money is consistent and will even increase specially with the new incentives on IRAs for College education, etc. Where do you think this investment will go after the mess in Asia, and other part of the world. Do you think they will invest in International Mutual Fund? Pretty soon the fund managers will be squeezed with the tremendous amount of cash they have from 401Ks or IRAs, etc. Remember, they can't keep the cash and will have to buy stocks. Kumars research was very good news. Another good news is all the tech ysts are downgrading the tech sector. Meaning, we can't get any lower. The next call by this ysts will be an upgrade!! By that time the stock is close to peak value. Regards and glad to hear from Kumar again. Roly

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