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


To: Sun Tzu who wrote (29301)3/30/1999 9:30:00 PM
From: Gottfried  Respond to of 70976
 
ST, OT*** the Europeans are stepping up investment in the US. From TSC...

Europe's love affair with U.S. stocks is relatively recent. In
1996, Europeans spent a mere $5.4 billion on U.S. equities.
The feeling in Europe's financial centers was that the U.S.
market was a bubble to be avoided. But when Wall Street
kept climbing, Europeans realized they couldn't stay out.

In 1997, they went from being sneering skeptics to ardent
pursuers -- and sank some $63 billion into U.S. equities.


from the free area
thestreet.com

Gottfried