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Strategies & Market Trends : Stock Attack II - A Complete Analysis

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To: dennis michael patterson who wrote (16565)8/27/2001 5:58:32 AM
From: HammerHead  Read Replies (1) of 52237
 
After reading this, I won't touch NOK or any wireless with 10-feet pole. Money might be right, you may get another chance to shot for RFMD if this guy's prediction comes true...

>>David Tice, a portfolio manager who has for years been forecasting a long and deep
recession, sees a high-tech industry that is swimming in excess capacity. In just one dire
sign he offers, Tice estimates that only about 390 million of the 650 million to 700 million
cell phone handsets on the market this year will sell.

``There's much worse to come,'' said Tice. ``It starts to build on itself as more people get
laid off, and it goes into a downward spiral.''<<

dailynews.yahoo.com
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