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

To: Roads End who wrote (42412)	2/21/2001 9:53:03 AM
From: Proud_Infidel	Read Replies (1) \| Respond to of 70976

I am paying attention- pehaps too close. The LT fundamentals have not changed for the industry regardless of what the CNBC talking heads will have you believe. Why are so few people buying tech now after a 60%+ drop? Aren't you supposed to buy low and sell high? Greed comes in at tops, but also at bottoms. These periods in time are always scary when one is living in them, the eye of the storm so to speak. But these are also periods whereby the action of nonaction for a sustained period of time actually creates reason to be Bullish. There are many companies withholding spending on technology at the current moment. This is acting like a compressing coil. At some point(barring major economic collpase) when the economy begins to heat up once again, everyone will flock to the area which will lead us up again- technology. I am very Bullish on the future, but only because I know for certain the modern world cannot function w/o the products my companies are making. Brian Subject 50522