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Politics : Formerly About Applied Materials
AMAT 341.36+1.3%3:59 PM EST

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To: michael97123 who wrote (64499)6/22/2002 6:03:30 PM
From: RMP  Read Replies (1) of 70976
 
If you did not sell tech you would be crazy to do so now. The current market feels like the opposite of where we were in early 2000. I should have know better and sold everything when the the news had a nyc taxi driver who had his cab with a wireless laptop recommending Cisco. I believe that tech will come back but do have concerns as to the time frame since this time we are coming off of very lofty levels. The average bear market lasts apx two years or less and I believe we have to go back to some time in the 30s when we had three consecutive down years in the NASDQ; so the odds seem to be with those tech investors that can hold on and add at these levels (assuming you still have available funds).
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