Formerly About Applied Materials Message Board

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Politics : Formerly About Applied Materials

AMAT 249.89

+3.1%

3:59 PM EST

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To: nitin one who wrote (21624)	7/12/1998 1:57:00 PM
From: George Bielski	Read Replies (2) of 70976

Besides Japan, investors will not be too eager to jump in the general market after seeing the size of the IMF loan to Russia. Their ecomomy is in worse shape than anyone previously imagined. I suspect some horror tales to come popping out of there soon. ...And then of course of possible devaluation of HK and Chinese currency looming around the corner will help keep the buyers enthuiasm curbed. I think (by seat-of-the-pants analysis) that tomorrow's U.S. market will be REALLY ugly. Especially with stocks that have asian currency/market exposure. I'm really light on stocks (2000 CS @ 12 5/8)and will get real antsy if/when AMAT trades below 25 1/2.

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