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Strategies & Market Trends : VOLTAIRE'S PORCH-MODERATED

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To: Voltaire who wrote (4885)10/2/2000 2:37:41 PM
From: Boplicity  Read Replies (3) of 65232
 
INTC and the PC market might very well have bottom here, but the prospects of a recovery are very slim, we are in transition period, moving away from a PC centric to a network center high-tech market.

My take. The market will not recover till the telecom spending picture is clearer, or stocks sell down more then they are now, or the fed lowers. We can't expect earnings to bale us out, they sure didn't last qr. Sure we will get a some earning runs, but they will die on the vine until the big picture is clearer.

Greg
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