Formerly About Applied Materials Message Board

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Politics : Formerly About Applied Materials

AMAT 327.01

+2.5%

Jan 16 9:30 AM EST

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To: Sam Citron who wrote (54334)	10/19/2001 7:05:36 PM
From: Cary Salsberg	Read Replies (2) of 70976

I wonder how you arrive at 2 more years of a bear market. At some point, one wonders about the high valuations. If rotten business results and a terrorist attack can't drive prices to reaonable historical valuations, what will? The tech world has been adjusting to the bubble deflation for about a year, now. Q3 next year will be almost 2 years. Time is on the bulls side now. The next major news will be signs that the adjustment is complete and secular growth will begin. If Q3 is discounted 6 months, some time in Q1 could mark the end of the tech bear.

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