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

To: Ian@SI who wrote (44114)3/20/2001 9:03:25 PM
From: Sam Citron  Read Replies (1) | Respond to of 70976
 
we're not far from [excessively underpriced levels]

In the same vein that it is irrational to expect the Fed cargo cult to cure all NASDAQ ills, why do you suggest that a 4xBV market is nearing excessively underpriced levels? Japan is already 2xBV.



To: Ian@SI who wrote (44114)3/20/2001 9:48:07 PM
From: Dale Knipschield  Read Replies (1) | Respond to of 70976
 
Ian,

Think there is any chance that the market, having had its demands rebuffed by the Fed today, might pull out of its tantrum and grow up a little (recover) going forward? Doesn't really have much other choice, in my mind. Guess we'll see what the rest of the world thinks soon.

Regards,

Knip


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