Formerly About Applied Materials Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Politics : Formerly About Applied Materials

AMAT 223.95

+1.7%

Nov 21 9:30 AM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Jerome who wrote (43471)	3/11/2001 10:39:09 AM
From: michael97123	Read Replies (2) of 70976

biz.yahoo.com Jerome, As the inventory correction which is occurring intersects with a gradual recovery which ultimately spreads to new tech purchases by now reluctant companies, tech should rise again. That's why intc maintains its capex spending. The article above draws such a conclusion I believe and the timing still seems to be this year, not next. Nasdaq should anticipate this in advance. So fundamentally, everything points to a bottom, even if we take a flop(maybe another 10% with an air of panic) thru 2000 in the next few days. Or perhaps we will rise from these levels without a necessity for a fall. Mike PS Did you read historian JK Galbraiths op ed piece today and what appeared to be Paul Krugmans response. Krugman is a liberal economist arguing for an active, almost inflationary fed. That's my view of how we might have gotten to this current state is the failure of AG to accept a point or two of additional inflation in the short term in order to guarantee a soft landing. He raised rates too much. Now he needs to lower them just as quickly and again risk a little inflation(grease) into the equation.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next