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

To: Joseph Beltran who wrote (22661)	8/7/1998 2:52:00 PM
From: Big Bucks	Respond to of 70976

11M+ shares traded and the stock is even, no gain. Suggests that sellers are taking their profits off the table, I think we have seen the top for a while. Just my opinion, BB

To: Joseph Beltran who wrote (22661)	8/7/1998 3:11:00 PM
From: Ramsey Su	Read Replies (1) \| Respond to of 70976

Joseph, after reading up on all the different pieces of the Asian turmoil puzzle, there is a need to condense the information and prioritize potential signals. I opine that the yen is the number one indicator. The exact exchange rate is almost unimportant. All it takes is the wall street guru to start raising that as an issue and all hell will break loose. The current 146 level itself is already low enough to be worrysome. I bet that 150 will be the break point for China. SK and others will be total non-issues because they are all in reactive positions. There are nothing left for them to do. Ramsey