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Politics : Formerly About Applied Materials
AMAT 232.38+3.2%2:25 PM EST

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To: michael97123 who wrote (49253)7/16/2001 10:00:45 PM
From: Joseph Beltran  Read Replies (1) of 70976
 
michael,

I just spent about an hour or so reading the semi-equipment boards on yahoo and let me tell you: the bears are out in force tonight. they are pulling out all the stops trying to scare longs into selling first thing in the morning....maybe the market still needs to price in a projection that recovery in orders won't begin until january of next year. if that's the case then I wish we would just take the hit all at once and get it over with. watching this market on a regular basis will drive one to drinking, divorce, and depression (not necessarily in that order). It was so much easier when it just went straight up without stopping, wasn't it? Seriously, though, cnbc had the intc bears (general niles) out this afternoon criticizing intc's yet to be released earnings. They smell blood.
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