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To: IQBAL LATIF who wrote (20112)9/7/1998 9:48:00 AM
From: Jerry Olson  Respond to of 50167
 
IKE

the fundamental move you talk about??? is it, that you still need to see the true earnings reported by Corps????...meaning you want to see it in real print!!!!?????

and yes Rubin et all play a big role....



To: IQBAL LATIF who wrote (20112)9/7/1998 11:50:00 AM
From: studdog  Read Replies (1) | Respond to of 50167
 
It would appear that the dollar has changed course. Looking back, it seems the carnage in the semi's started when the dollar began it's bull run. This industry has been in a recession/depression for over a year. What do you think about the change in sentiment over the dollar and the possibilities that we may get a drop in interest rates with regard to the semi's? My personal opinion/hope is that they will now begin to rise, possibly violently. I am hopeful that the "nifty 50" won't look so attractive and the smaller caps and the semis will now have their day. These companies have been in a "stealth" recession, and I am hopeful this signals the end.

karl



To: IQBAL LATIF who wrote (20112)9/7/1998 12:12:00 PM
From: Narotham Reddy  Read Replies (1) | Respond to of 50167
 
Crisis in Russia - Chernomyrdin rejected again

Russia's lower house of parliament, the State Duma, today rejected for a second time President Yeltsin's nominee for prime minister, Viktor Chernomyrdin. - CNN