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

To: Paul V. who wrote (18835)	4/17/1998 3:18:00 PM
From: H James Morris	Respond to of 70976

Paul, I agree, I also like this thread because most of the posters here are very knowledgeable. So you see AMAT at $105, eh? I'm not so sure. All day CNBC has been reporting that the Asian problem has arrived. Until Japan gets its banking system back in place, like we did with the Resolution Trust, I can't see Japan turning around in the near future. With no disrespect to the Japanese, let's be honest, these guys don't surrender easily. So what's it going to take to get them to clean their banking system up? Until I feel more confident in what they're going to do, I'm not going to be investing in this beaten up sector. But, what do I know? As we speak, the Dow is up 65, the S&P up 11.72, and the Nasdaq up 5.07. Good luck.