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Technology Stocks : Semi-Equips - Buy when BLOOD is running in the streets! -- Ignore unavailable to you. Want to Upgrade?

To: WTSherman who wrote (9438)	2/5/2001 2:53:17 PM
From: Ian@SI	Read Replies (3) \| Respond to of 10921

Actually Ashok Kumar, on CNBC this morning stated his belief that we've seen the trough Q already; that the semiconductor sector will start seeing better forecasts by 2H2001; that now is the time to buy while the outlook is gloomiest. I have little to no faith in Analyst projections. Ashok Kumar is one of the few with a prescient track record - in the PC sector when he and I disagreed on Dell - He was right; in the chip sector when he and I disagreed on INTC - he was right. Now he's saying it's time to buy chips again. I won't argue with him this time. Ian.

To: WTSherman who wrote (9438)	2/6/2001 11:45:01 PM
From: jack bittner	Respond to of 10921

you are on target. blood in the streets means people are really hurting, throwing in the towel. saying they are permanently out of stocks; forced out of stocks by margin calls, broke, bitter, looking for a scapegoat. the final blow will be when first Business Week and then James Grant of the The Interest Rate Observer announce that stocks are dead. THEN, you buy. Remember in 1982 when Business Week had a cover article: The Death of Equities? That's when this bull began to run.