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Politics : Formerly About Applied Materials
AMAT 327.03+2.5%Jan 16 3:59 PM EST

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To: robert b furman who wrote (62612)4/3/2002 8:32:29 AM
From: michael97123  Read Replies (1) of 70976
 
Bob,
That backlog of orders and prospects for me that i mentioned three months ago is still there. Still nothing major signed. Companies only buying on an immediate need basis. Stats yesterday confirmed this in tech. MidEast war and oil price increases will be a drag on the economy. Dont expect any rate hikes with gas going up 7 cents a week.
I look forward to the day when tech deprived companies play catch up. In terms of the car business its like everybody stopped spending after buying a 1999 car and your dealership was still trying to unload 2000 models. A good deal of tech out there is circa 1999. mike
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