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Politics : Formerly About Applied Materials -- Ignore unavailable to you. Want to Upgrade?

To: Jacob Snyder who wrote (38646)	10/24/2000 8:55:49 PM
From: Kirk ©	Respond to of 70976

RE: Let's say your daddy usually gives you an allowance equal to about 20% of his paycheck.... continuing.... the "problem" I see it is the market has priced the companies as if Daddy has lost his big contracts and is about to lose his job. If fact, he still has a job with a salary that will probably still increase for at least six months due to past orders booked. The child has had the allowance cut in half in "anticipation" of daddy losing his job and needing to go on unemployment. Of course, the stock market is a future discounting machine and right now the market is predicting a severe slowdown in chip sales that may not occur. This is actually fascinating and I wonder if anyone has chronicled just what was the first warning? Was it Nokia saying their Q3 would be light early in Q2? Kirk out