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Politics : Formerly About Applied Materials

AMAT 258.57

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12:15 PM EST

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To: Jacob Snyder who wrote (56936)	12/4/2001 6:53:03 PM
From: trilobyte	Read Replies (1) of 70976

let's put some rosy glasses on: >The news is nothing but war yeah, but we're winning it! >chaos let's not exaggerate. the Middle East has been in a state of chaos as far back as I can see (roughly 35 years!). >bankruptcy who cares about utilities! >falling profits but comparisons will be easier next year! >NVLS says things are bad and getting worse semi-equip companies will lag the recovery in the chip sector. Since recovery is seen coming 2H02, recovery in semi-equip should only become very obvious Q4 02. Nothing to panic about... Sure companies are saying things are not good. But companies have really NO ability to forecast the future. They didn't see the downturn coming and they won't see the upturn until it's well under way. With interest rates THIS low, gasoline prices THIS low, bargains to be found in stores everywhere, I am betting you the recovery is very very close at hand. The stock market seems to agree. Trilobyte

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