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Strategies & Market Trends : Waiting for the big Kahuna

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To: P.Prazeres who wrote (11420)12/12/1997 6:05:00 PM
From: Joan Osland Graffius  Read Replies (1) of 94695
 
Paulo, thanks for the arms post.

I personally think we are in a tech sector bear market. For sure the non microprocesser semi sector is in a bear market and I do not see the end to this. DRAM manufactures are losing money on each chip they manufacture...this includes taiwan. The equipment manufactures are in a bear market and will only pull out when capital is found for future technology improvements.

Is the networking sector in a bear market..sure looks like it and it goes on. IMO technical bear markets get vicious. Bottoms are deep and some companies do not make it.

I am not going to hold my breath for asia to get out of this mess. It more than likely will be years not months.

Money can be made in bear market and I am going for it.<ggg>

Joan
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