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

To: Big Bucks who wrote (14383)	1/10/1998 11:31:00 PM
From: Ian@SI	Read Replies (1) \| Respond to of 70976

BB, G-7 meets near the middle of February. One has to believe that Japanese minister visit to White House wasn't just a social call. It's conceivable that the Market's view of Asia may improve substantially after G-7 meeting. Until then, it's likely to jump to every rumour, whisper or hint coming out of the region. There's a 50-50 chance that your long term bullish view may come to pass within 6 weeks. JMHO, Ian.

To: Big Bucks who wrote (14383)	1/10/1998 11:44:00 PM
From: Paul V.	Read Replies (2) \| Respond to of 70976

Big Buck, This week will be interesting, either positive or negative, with all the EPS' coming out. I am anxious to see the DW Bull Percentages Wednesday morning to see how the supply/demand data has affected AMAT. My gut is still telling me that the Mutual funds have bought and are buying at these prices. However, I noticed that that AMAT'S volume has been off of its average volume by a -25 to -30 percent according to the Friday IBD. IMO, this tells me that there is not much selling and stockholders now holding AMAT are going to hold on for the prices to go up. I can not see much of a drop from the $28 level however I still have my personal open order for $22 and the NAIC order at $24. I personally see more upgrades coming down the pipe with more hype. We will see. Just my opinion. Paul V.

To: Big Bucks who wrote (14383)	1/11/1998 1:52:00 AM
From: Kirk ©	Respond to of 70976

Hi BB, I don't agree with many of your points though we agree for the long term. It is good to have some negatives expressed so thanks for the well thought out posts. I don't see much more decline in the overall market, though maybe the Semi Cap Equipment and a few other areas may still drop further before recovering, if you want to get in, you should buy in stages so you don't miss the bus. US companies are ALREADY investing heavily in PacRim to lower mfg costs. Lower labor costs there just makes the US Companies more profitable short term. Michael Dell agrees with me. 8) I don't think the "sucking sound" from the East for our jobs will create a recession either. US Grad Schools are heavily populated with people from other countries since our country can NOT produce enough talent for the positions open. We are already seeing mfg sites in Asia move to lower overhead areas. As the std of living comes up in one area, jobs rotate to lower cost parts of Asia. This is good for the US companies and is actually good for a healthy world too. regards Kirk out suite101.com suite101.com