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


To: Proud_Infidel who wrote (14461)1/12/1998 1:34:00 PM
From: Murti Gajjala  Respond to of 70976
 
Following news appeared in Yahoo; a reconfirmation of chip plant in Germany:

DRESDEN, Germany, Jan 12 (Reuters) - Siemens AG (OTC BB:SMAWY - news; SIEG.F) and Motorola Inc (NYSE:MOT - news) said on Monday they
would invest 1.5 billion marks ($822.5 million) in a new centre to develop technology that increases productivity and slashes costs in computer chip manufacturing.....

biz.yahoo.com

Murty



To: Proud_Infidel who wrote (14461)1/12/1998 1:37:00 PM
From: Ian@SI  Read Replies (2) | Respond to of 70976
 
Brian,

If "the ship is likely to sink" while:

inflation is almost nonexistent;

a situation of more than "full" employment exists;

the GDP (and earnings) continues to grow;

money is flowing into the market;

the traditional alternatives (bonds, real estate) offer dismal return prospects; and,

equities are at or approaching their lows for P/Es, PSRs, P/Book, etc;

I would probably resemble a Titanic passenger and be one of the last ones heading for the lifeboats.

Bear-ons is notorious for finding a bearish slant for nearly every situation.

Ian.