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Politics : Formerly About Applied Materials
AMAT 226.05+1.2%Nov 14 3:59 PM EST

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To: Proud_Infidel who wrote (50480)8/13/2001 10:40:49 PM
From: robert b furman  Read Replies (2) of 70976
 
Hi Brian,

As technology buys suddenly become viewed as efficiency expansions - the words of Morgan will ring very prophetic:"If you want to play - you've got to pay".

First the payers show,then the wannabe players pay and in between mergers and acquisition eliminate the weaker entries.

Then the consumption curve catches up and the winners prosper.

The MOMO short term players never quite understand that cheap prices are one of the greatest assurances of the continuous growth within this industry - instead they preach doom and fear.

As the weak producers fall to the side, the efficiency of the strong, assure the growth of the industry that perpetuates the greatest wealth driver on the globe - albeit with cycles that if anticipated and persistently endured result in great wealth.

See how easy it is.ggg

Bob

The bottom may well be best defined by mergers acquisitions and bankruptcies(including currency devaluations if the country is dumb enough to fight deficits with fiat currency).

JMHO ie. Asian contagion in 98
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