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Politics : Formerly About Advanced Micro Devices -- Ignore unavailable to you. Want to Upgrade?

To: Steve Porter who wrote (36412)	8/27/1998 9:48:00 PM
From: Jim McMannis	Read Replies (1) \| Respond to of 1572186

Steve, The DOW is 13% off its high. The NASDAQ is nearly 20% off it's high. Some growth mutual funds are 25% off their highs this year. I don't even want to figure out how far off the TSEI is much less the Russian market (Peaked over 500, closed today at 65). Hong Kong is 53% off it's high last year. The Nikkei peaked at near 40,000 in 1989, it just broke under 14,000 tonight. Intel has done nothing for 1.5 years and is 22% off it's all time high. AMD peaked at over 40; tonight it's at 15. If anything, this has been one nasty little stealth correction, stealth in that the DOW and some nifty fifty stocks have masked the real carnage. Don't worry, be happy? <G> Jim