Formerly About Applied Materials Message Board

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Politics : Formerly About Applied Materials

AMAT 256.89

-1.2%

Dec 31 3:59 PM EST

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To: michael97123 who wrote (60971)	2/26/2002 12:26:25 PM
From: runes	Read Replies (1) of 70976

I think that bogus is too strong of a word. Better to say that they are noisy and need to be viewed with caution. Case in point - the reports today are talking about a "drop" in the consumer sentiment. But what really happened was that it spiked in January as we got the first evidence that the economy was starting to recover. Now it is clear that the recovery will be slow and consumer enthusiasm has returned to ho-hum. But certainly not the abject despair that the "drop" from January might imply. >Addendum - the sentiment is actually looking good when you consider that February had a healthy dose of Enronitis in it> Which is probably why the market is holding up relatively well considering the bad news.

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