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

To: gambler2 who wrote (12985)	12/11/1997 5:34:00 PM
From: Gottfried	Read Replies (2) \| Respond to of 70976

gambler2, I found this glimmer of hope in Smart Money. It speculates that most downgrades of the group have happened. smartmoney.com <snip> Despite Thursday's bleak outlook, analysts said that Merrill's Stern is one of the last of their peers to downgrade the group. Because of that, they said that the market may be overreacting to his downgrades. Regardless, the broader tech market traded slightly higher by early afternoon, indicating that at least some traders were beginning to digest Thursday's news. -- By Stacey L. Bradford