Semi Equipment Analysis Message Board

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Technology Stocks : Semi Equipment Analysis

SOXX 309.40

+1.0%

Dec 5 4:00 PM EST

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To: Alastair McIntosh who wrote (6632)	11/2/2002 10:25:38 PM
From: Proud_Infidel	Read Replies (4) of 95530

The best tech analysts were predicting in 1999 that the telecom financing bubble and the overspending generated by Y2K fears would result in a tech downturn. However tech bulls scoffed at this analysis. Really? Which ones specifically? Most of the ones I recall hearing and seeing only had one word pass their lips; and that word was Buy. BTW, in August of 2000, Morris Chang of TSMC publicly stated that he was sold out of capacity into 2002. And most analysts cheered this news. I am not sure what firm or exactly who you are referring to when you say that the prescient analysts predicted all of this. If they were predicting this, they were not doing it publicly.

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