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Politics : Formerly About Advanced Micro Devices -- Ignore unavailable to you. Want to Upgrade?

To: Patient Engineer who wrote (25350)	10/27/1997 2:22:00 PM
From: greg nus	Read Replies (1) \| Respond to of 1576159

Patient Engineer, News worthy. Here is sone perspective from the Nus New Desk. The Asian meltdown were experiencing could cause the dow to correct another 10% from its current levels and take the Dow down to 6500. The last time the Hong Kong dollar came under preasure was during the Tiennimen Square incident in the summer of 1989. by summer of 1990 the dow had corrected from an overbought condition by 19%. What's different here is that multinationals have increased exposeure to the Asian markets considerably since 89'. Not to worry the 90' correctin set the market up for the longest bull market yet, when interest rate were much higher than they are now. So once the correction is over we could bounce back somewhat faster. The correction won't end untill there is a capitulation selloff and investors have locked in there losses. Today is a historical day for the market because it makes the end of the longest rally without a correction. Long live the bull. from the Nus News Desk, that is all.

To: Patient Engineer who wrote (25350)	10/27/1997 7:47:00 PM
From: Jim McMannis	Respond to of 1576159

Patient, RE: I think both AMD and Intel face continued weakness for the forseeable future. I agree...but Intel will probably hold up better as will NSM. Jim