Formerly About Applied Materials Message Board

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Politics : Formerly About Applied Materials

AMAT 249.89

+3.1%

Nov 26 3:59 PM EST

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To: TOM KARIS who wrote (21030)	7/1/1998 11:42:00 AM
From: Teri Skogerboe	Read Replies (1) of 70976

Tom, I agree with your take. We have lots of bears on the thread now, as Ramsey mentioned... at least short-term bears. Scott Black said in Barron's this weekend that the US market worried about the Asia crisis for about one picosecond in October '97, and then acted like it never happened. Yet things are a long way from being fixed. It doesn't seem rational to me for the Nasdaq to be trading within nanoinches from its all-time high. My guess is that we get a reality check sometime in Jul/Aug/Sep/Oct, and that may be the time to pick up some bargains and/or cover shorts. my two centavos, Teri PS. But the smaller caps have been getting killed and I've been doing a little buying, but not getting too carried away yet. And I like your number-tracking.

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