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Politics : Idea Of The Day -- Ignore unavailable to you. Want to Upgrade?

To: IQBAL LATIF who wrote (12868)	10/27/1997 4:48:00 PM
From: Logain Ablar	Read Replies (1) \| Respond to of 50167

Credit to Mohan. Agreed. I didn't think we'd break the support @7650. IMO the market won't rebound tomorrow unless we have some comments from those with power (AG & Rubin and AG is more importan than Rubin). If they don't speak up we'll see this feed on itself with asian and european markets taking a hit and that continuing into our open tomorrow. Hope we hear from them soon. One thing for all to do is look for good companies that have come down in the panic that will have the best prospects for a rebound (i.e. quality companies, earnings, growing earnings, new products). Not sure if AMAT fits the bill and I won't comment on INTC since I spoke highly b/4 and look what happened. I still like CPQ, MRVC, ADBE (it weathered today better than most) and ARSW (at these levels but I'm 30% down in a week). My speculative plays of LGND and AMTX will stay underwater until positive news comes out on their products. BROD also held up well today. Instocks CADE looks good also. Time to go (BART, I'm ready to join you for that drink but since you started this AM don't expect me to catch up with you). Tim