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Politics : Formerly About Applied Materials
AMAT 301.88-1.0%Jan 14 3:59 PM EST

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To: StanX Long who wrote (65333)8/16/2002 8:32:29 AM
From: michael97123  Read Replies (2) of 70976
 
`I'm positive about the possibility of having a seasonal turn that will lead to a cyclical upturn. December is coming and you're still going to buy presents for your kids, your wife or your friends. That will put pressure on inventories.''

Stan,
Worth printing it again so we can get a smile from Gottfied. After we get thru this 9/11 anniversary, most of us will become thankful for what we have. Some of the fear should evaporate--is already imo. And a Happy TG should spark a good retail christmas that will include tech. With the capex debacle coming to an end simultaneously, we may have a good '03. Who knows.
Some are predicting that last quarter growth would be restated down and this quarter may be negative as well which could mean we are actually coming out of the double dip recession not going in to it. Timing is right for a 4th quarter rebound. And the market looking forward 6 months may be viewing a better picture unless we were to have a triple dip(which has happened in the past). Perhaps the worse is behind us. mike
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