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

To: Ian@SI who wrote (44766)	3/30/2001 10:10:44 AM
From: Proud_Infidel	Read Replies (1) \| Respond to of 70976

Ian, Buying during the Mutual Fund Window Dressing peak selloff of the sector (today and tomorrow) is probably a very astute move. If you are looking for astute moves, don't look to me:-) CSCO dropped after the NT anouncement which came after a string a bad news for the sector. CSCO also laid off 8000 people; this is usually a sign of the bottom for the equipment sector. Additionally, we had 181M and 101M shares traded yesterday and the day before. The news is out there; the question is whether it is priced in. How many times has Chambers repeated how poorly things were going? These are all signs to me that it cannot get much worse. It can get worse and probably will, but at this point I only have 15 points to lose. Regards, Brian