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Politics : Formerly About Applied Materials
AMAT 262.92+0.4%Dec 29 3:59 PM EST

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To: Tony Viola who wrote (42029)2/11/2001 2:36:01 PM
From: Jurgen  Read Replies (1) of 70976
 
i think you overrate large companies capabilities to look ahead. In November, Chambers could not forecast what happened in December. In January, he still was confident to make the numbers. Now he feels that 6 month from now everything will be great... an estimated guess, that's all he has to offer.
It puzzles me that educated people like Chambers know so little about the economy. As if you could control it with just one input - interest rates. If it was that easy there would be no economic slowdown EVER.
Let's face it: the economy is still cyclical. We can manage the cycles. Hopefully AG will do a good job.

jmho

Best,

Jurgen
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