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Strategies & Market Trends : Piffer OT - And Other Assorted Nuts -- Ignore unavailable to you. Want to Upgrade?

To: Jorj X Mckie who wrote (61932)	12/18/2000 6:23:59 PM
From: Junkyardawg	Respond to of 63513

Thinking out-loud here. Two thing concern me in regards to if this is a bottom or not. Two simple things, but important non-the-less. Seems like most bottoms in the market you will see lots of M&A activity and many companies will do share-buy-backs. I have seen very little of either of those so far. ADI has bought a couple of small companies and is buying back 15 million shares but they aren't that big of a player. I would like to see CSCO,INTC,MSFT,ORCL,SUNW,BRCM just to name a few announce stock buy backs. This would be a great way to pay employees and is usually a win win for investors and the company. Maybe you are right. We don't have capitulation yet. dawg