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

To: FJB who wrote (45246)	4/9/2001 2:55:14 AM
From: XBrit	Read Replies (2) \| Respond to of 70976

<<I can't understand why people are not more optimistic about the long view and cash flow of many companies.>> Because their stock prices were a bubble. The Nasdaq is unlikely to get back over 5000 for 10-20 years. After bubble deflation, the prices for tech stocks are now merely overvalued, i.e. at the likely top end of their trading range for the next 3-5 years. Nothing attractive to buy yet. THERE IS NO INSIDER BUYING YET. NONE AT ALL. WHY DO YOU THINK THAT IS?