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

To: Justa Werkenstiff who wrote (26487)	11/18/1998 9:28:00 PM
From: Fortinwit	Read Replies (1) \| Respond to of 70976

* OT: Irrational Exuberance * On 17 July 1998, Briefing (www.briefing.com) printed a list of "must own" stocks; the so-called "Briefing 10". I made a Yahoo portfolio consisting of 100 shares each of (AOL ATI DELL LU ORCL QWST SUNW TLAB VRTS YHOO). The initial cost was ~ $83K. Oddly enough, 7/17 was the day the market peaked before the correction. The Briefing 10 suffered considerably in that time period. Today it is worth $124K, and has appreciated 49.22% since 7/17, and a considerably higher % since 10/8. The Dow, meanwhile, is -3% compared to 10/17. Take out TLAB, LU and ATI and it's up 75%... since the market peak Wow. F.