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Politics : Formerly About Applied Materials

AMAT 231.54

+3.4%

12:18 PM EST

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To: Tony Viola who wrote (29864)	5/2/1999 11:17:00 AM
From: Gottfried	Read Replies (2) of 70976

Tony, "Silicon Valley profits rebound" trumpets the San Jose Mercury News on the front page today. Of course now we need to worry that Asia actually recovers - that could be bad. And some economists argue that a powerful recovery abroad could actually worsen the U.S. picture, because it would mean a potential influx of imports as these countries expand production mercurynews.com But at least we get some insights from the article, such as... If profits continue to improve, then a recession is less likely to occur and expansion will be strengthened, You can just skip the article. In summary it says anything can happen. Gottfried

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