To: im a survivor who wrote (2888 ) 4/24/2001 5:09:34 PM From: Crystal ball Respond to At least its not still $1.56.....GROWTH is where recovery will happen, and thats still 6 to 12 months out there, and I am confident PALM and NTAP will be in the very small and shrinking GROWTH leadership circle when the markets recover ahead of the economy....the rest are all going to be merged, converged, and submerged as the downturn gets ugly, especially as gas goes to $3 this summer, and earnings disappear and layoffs and unemployment (during the summer no less) is unseasonably clearly showing this is a major recession, perhaps depression, unless the Federal Reserve cuts rates to ZERO, or at least 50 more basis points toward "positive carry" so banks can borrow Treasuries to create more credit and liquidity to create lower rate loans, to feed CASH FLOW to their corporate and business customers and consumer lenders also, to return the stolen $5 Trillion (in the US markets, and over $10 Trillion Dollars worldwide) that Greenspan's failed monetary policy took out of the economy, so that there is money to once again spur buying, to spur earnings, to spur profits, to spur the E in the P/E ratios to spur the markets upward again. If not, start learning Chinese, since only the communist are "winning" in this trade environment, and soon our short sighted congressional and presidential advisors will have sold everything of value to the Communists, like JDSU starting a high tech optic fiver factory in Communist China for the slave labor....how long before the high tech is stolen and then used by the Chinese Communist military (PRA) towards taking over Taiwan, then subverting Korea and then we lose Japan as the revolutionaries funded by the Communist China (islamic no doubt) in the Philippines subverts the Philippines so we can not even return to Clark air force base, and are way the hell over in Honolulu again waiting for our next Peal Harbor, as China marches out and snags the Indonesian Oil fields, like in Brunei and the Dutch East Indies and then solidifies its military path towards Iran, Iraq through Pakistan and Afghanistan towards Chechnia and the oil rich fields of the former soviet union along the Caspian and Black Sea....how long will US or Russian influence endure in the Middle East then, but go the way of the lost European influence there (France and Britain) ....yeah, start learning chinese, and buy yourself some chop sticks. For me, I am optimistic, we will recover, but to stop the above longer strategic problems, we will have to change the mismangement thinking of companies like JDSU and QCOM and XRX and the rest and our cirrupt politicians, especially those that allow the Federal Reserve to remain so unaccountable in this day and age. GNET, now INSP, well Paul Allen knew the crowd when he made sure HE GOT HIS as preferred stock, I sold then. And am not back into the company yet.
