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Politics : Formerly About Applied Materials
AMAT 270.13-1.8%Dec 11 3:59 PM EST

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To: fred woodall who wrote (28540)2/24/1999 7:33:00 PM
From: Michael Ohlendorf  Read Replies (1) of 70976
 
Guys, I admit I was short and recently covered with a loss. Too many liquidity still in the stock market that drags everything up or prevents a major correction. If interest rates really continue to go up it could get interesting again but I doubt it since the economy is strong people are buying and the inflation ghost is not a real big one. The stock market can continue to climb even with >6% interest as history proves. Good luck to all of you AMAT lovers may it fly and lets all hope that the Koreans buy soon again big time ! However, when I last looked at KLIC's chart I felt still sick, do not know why......
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