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Politics : Idea Of The Day

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To: IQBAL LATIF who wrote (20112)	9/7/1998 11:50:00 AM
From: studdog	Read Replies (1) of 50167

It would appear that the dollar has changed course. Looking back, it seems the carnage in the semi's started when the dollar began it's bull run. This industry has been in a recession/depression for over a year. What do you think about the change in sentiment over the dollar and the possibilities that we may get a drop in interest rates with regard to the semi's? My personal opinion/hope is that they will now begin to rise, possibly violently. I am hopeful that the "nifty 50" won't look so attractive and the smaller caps and the semis will now have their day. These companies have been in a "stealth" recession, and I am hopeful this signals the end. karl

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