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Politics : Formerly About Applied Materials
AMAT 228.68-2.7%Nov 11 3:59 PM EST

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To: Gottfried who wrote (26103)11/10/1998 9:28:00 PM
From: Ramsey Su  Read Replies (5) of 70976
 
GM and all,

I have decided to start liquidating all my equities and for the first time since I started investing, I am considering going 100% cash within the next few weeks.

The irrational exuberance is everywhere, not only here. INTC's news is nothing more than saying that business is really not as bad as we originally thought but it is still down from last year. Heading into 1999, what type of business environment can we expect?

There used to be a lot of global discussions on this thread. Has everyone just assumed that Asian turmoil is over, Russia is back in business and Brazil is just fine?

I don't mind sitting on my hands while Yahoo, Amazon orbit at levels higher than John Glenn. At least I know I still have whats in my shoe box in case the market decides to come back down to earth.

Ramsey
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