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Politics : Formerly About Applied Materials
AMAT 256.89-1.2%Dec 31 3:59 PM EST
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To: Proud_Infidel who wrote (41880)2/6/2001 10:36:29 AM
From: Katherine Derbyshire  Read Replies (4) of 70976
 
>>If they truly believed there would be Blood int he Streets, they would be hoarding cash, not spending it on their stock.<<

I wouldn't say that industry executives are any better than anyone else at predicting downturns. Just look at the earnings guidance going into the last one.

Katherine
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