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

To: SMALL FRY who wrote (14655)	1/14/1998 11:26:00 AM
From: Proud_Infidel	Read Replies (1) \| Respond to of 70976

SF, The last person in the world I would turn to for economic or stock advice is Barton Biggs of Morgan Stanley. The only thing he is consistently successful at is getting it wrong! He had nearly the worst % in terms of correct market calls in a rating done by SmartMoney or some other financial periodical...and last time he advised people to stay away from techs they rose handsomely....after giving his tech advice, for lack of a better word, he confessed that he did not even know how to turn his computer on. The people trading AMAT in large quantities are relying on people like Biggs to make their decisions. To quote from Seinfeld "this is how it works in the Bizarro World!" regards, Brian

To: SMALL FRY who wrote (14655)	1/14/1998 11:53:00 AM
From: Sorin A. David	Read Replies (1) \| Respond to of 70976

Thanks for the link. This is to be expected. However, don't you think that we were already in a bear market in the NASDAQ? Some if not most stocks there are down 60+% or more from the highs. There may be a problem with money being repatriated to Asia once the turmoil there is done with, but most of that money was in Treasuries and Big Cap US stocks. In my opinion, this may not have much of an impact on the NASDAQ stocks we follow, unless it drags all boats to the bottom. Then, all bets are off. Just my opinion. What do you think?