Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : SDLI - JDSU transition -- Ignore unavailable to you. Want to Upgrade?

To: pat mudge who wrote (939)	3/30/2001 6:43:26 PM
From: gbh	Read Replies (1) \| Respond to of 3294

Pat, as you know, and failed to state, Suria wrote his original report over 6 months ago while still at Lehmann. These guys on the sell-side are scorned for writing such negativity. Bad for both institutional and retail business. And the institutional guys just use the info to buy or sell, not to short. These are not hedgies. So he was, imo, a stand up guy for taking that position when it was hardly in vogue to be bearish. You've zeroed in on a somewhat meaningless point in the interview, and in the original report. The main theme is that the spending bubble that occurred from 96 to early 00, won't soon replaced in either the capital or debt markets. This means that capex has to reach new, sustainable lower levels, before growth can again occur. This will take awhile, I'm afraid.