Formerly About Applied Materials Message Board

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Politics : Formerly About Applied Materials

AMAT 230.17

-1.4%

Nov 7 9:30 AM EST

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To: Sam Citron who wrote (65027)	7/24/2002 11:07:56 AM
From: michael97123	Read Replies (1) of 70976

16 years Sam. Where does that number come from? Is it because the last one lasted about that long thru the seventies? Those who ignore history are doomed to repeat it i guess is your mantra with this call. I dont believe for a minute that the period we are in now in any way resembles the 70's UNLESS we get bogged down in the war on terror and this enron/wcom/banking fiasco goes alot further. That =s depression in my view. 15% chance of that but a much greater chance that we will have a significant rebound led my tech next year. I think the bubble bull market days are behind us and demographic pro market arguments are now neutralized by what has/is happening now. So I would look for moderate growth of the averages. I would put the dow range at the end of three years in the 8000-13000 area. I too cant begin to guess nasdaq--maybe 3000 as a top. mike

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