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To: puborectalis who wrote (129248)3/5/2001 11:38:22 PM
From: Tony Viola  Respond to of 186894
 
Niles points to a similar chip downturn — from
September, 1995 through July 1996 — during which the SOX
index fell 52 percent.

Well, guess what? The SOXX is down more than that right now from its 52 week high. So are you going buy?

finance.yahoo.com^SOXX&d=1y



To: puborectalis who wrote (129248)3/6/2001 12:48:14 AM
From: SisterMaryElephant  Respond to of 186894
 
Fallope,

<“Trying to make the judgement that this is the bottom
quarter is really stupid idea (for investors) because the
companies don’t even know,” he said.
Niles>

Yes it is stupid. If companies do not know, then analyst know even less, but that will not stop experts like Dan Niles from passing judgement on these stocks.

SK


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