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Politics : Formerly About Applied Materials
AMAT 225.89-1.2%3:17 PM EST

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To: daryll40 who wrote (49059)7/11/2001 9:57:26 AM
From: michael97123  Read Replies (2) of 70976
 
Daryl,
What happened in 1929 has little bearing on the situation today? Concentrating on it does little good. Perhaps there will be another worldwide depression in our future but it will not happen at this time. What will happen is a recovery. The only questions are When and How Robust. Nasdaq will be higher some day. mike

PS Does anyone view Cisco's purchase of an FO co. as bullish. I thought the comcast/Att and the Hess purchase as bullish events taking advantage of lower equity prices to add business. Cisco must believe its business/stock price has (or is about to have) bottomed to get back into this game. The comcast deal shows Telephone stock to be undervalued.
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