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Strategies & Market Trends : Steve's Channelling Thread -- Ignore unavailable to you. Want to Upgrade?


To: megazoo who wrote (11552)2/22/2001 3:14:08 PM
From: Zeev Hed  Read Replies (3) | Respond to of 30051
 
I personally believe that this is a lot of sour grapes. Everyone is blaming AG for the decline, the real culprit, is the fact that people threw good money after those dot.com, overspent on technology, increased capacity (I yelled too much capacity in the semi just six months ago), and now we are paying the piper. The market is cyclic, AG would have probably lowered by .25% on Dec 19th, but with Bush visiting with him a day before, he just could not do that, for fear of appearing dependent on the executive branch.

Zeev

In edit, just jumped back into BRCM at $63 and BRCD at $41, also got some bu$$ stuff here at $37.25 and some QCOM at $64-3/4. I got hit by VTSS at $49-3/4, what is happening there, all my outrageosu bids are filling. AMCC filled at $33.125MERQ at $61-3/4 and SCMR at $19-3/4.