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To: D.J.Smyth who wrote (68660)10/1/1998 6:30:00 PM
From: KM  Read Replies (1) | Respond to of 176387
 
Darrell: Don't you think the market's reaction to everything is exaggerated, witness the rally following the Greenspan indication of a rate cut. That's what makes it so good to trade. Got my Dell back today at amazing price considering I sold it two days ago at 68.5.



To: D.J.Smyth who wrote (68660)10/2/1998 12:24:00 PM
From: Jim Patterson  Respond to of 176387
 
re: Summers calls market reaction to Asia "exaggerated" - overdone:

Who cares if it is an over reaction.
Markets are people, and people over react.
This does not mean very much in the big picture.

Talk to the Tuna fishermen in the northwest.
Check out Gillett's bottom line.
Listen to what KO has to say.
Have you noticed the amount of available capacity that Tiwian Semi has available ?

All of this is related.

Is the cycle of events over ?
At this point, anyone that thinks it is over, probably said that the US would not be hurt last winter.

The market may over react some more. People can do that you know.

Jim