Guidance and Visibility Message Board

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Strategies & Market Trends : Guidance and Visibility

AAPL 268.42

-0.5%

3:59 PM EST

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To: 2MAR$ who wrote (11454)	8/19/2001 7:24:07 PM
From: bela_ghoulashi	Read Replies (3) of 208838

>> Do the chartists ever look at PE's and individual stories and something called Guidance ? Earnings ? Continued revisions down ? VTSS and the "Glam" semis perfect examples of doing nothing but guiding lower and lower and lower. << You've nailed it. Overcapacity and oversupply in plant, equipment, office space...and common stock. I'm reading people all weekend just aching to call a turn here, based on props and visual aids. I just can't see anything but a few periodic burps and a continuing contraction until supply rebalances with demand. Great post...puts the whole argument in its simplest terms.

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