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

To: advocatedevil who wrote (43192)	3/6/2001 10:31:39 AM
From: michael97123	Read Replies (1) \| Respond to of 70976

AD, Actually, I view this as purely a technical bounce at this point that may take us to more respectable levels. By then we should have a better idea how bad/deep/lengthy this recession/inventory correction/blip will actually be. Of course we will have the next 1/2 point rate cut under our belt by then as well. But the jury remains out. My gut tells me nasdaq went far too low and even if your worse case scenario occurs, it may already be priced in. Mike