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Strategies & Market Trends : Booms, Busts, and Recoveries

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To: TobagoJack who wrote (2271)3/6/2001 9:17:24 PM
From: westpacific  Read Replies (1) of 74559
 
Andy agrees with us! "To eliminate this overcapacity, Grove said that demand has to come up or investment levels have to come down until ``the two levels cross, or the investments of the past several years have become obsoleted'' by new technology.

``Both of these require some time,'' Grove said. ``If you accept that that's what's happening in the economy all together, that leads to a slow recovery.''"

biz.yahoo.com

And Dan Niles "``There are just too many people not paying attention fundamentally to what's going on,'' Niles said. ``Semiconductor stocks are up for our days in a row and I could care less.'' - we have been saying that for months and months here on our thread, wake up folks.

West
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