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Politics : Formerly About Applied Materials -- Ignore unavailable to you. Want to Upgrade?


To: Big Bucks who wrote (9273)10/23/1997 6:36:00 PM
From: Tito L. Nisperos Jr.  Read Replies (2) | Respond to of 70976
 
Big Bucks, actually I'm thinking of 36 as the bottom, to be realized tomorrow. 36 is 100% gain YTD, from 18 (post-split)...The Gov't thru the Fed and/or the Treasury will find ways to calm the Markets. They fear a recession, especially next year is an election year:--- Should the Markets fall further, people (lots of people now have stake in the market) who have been counting their "riches" not too long ago will not spend much for Christmas. Christmas sales sets the tune to the following year's activity especially for technology companies. We did have a Bad Christmas sales in 1995 that set the downturn of business for 1996.