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.

Strategies & Market Trends : Ask DrBob -- Ignore unavailable to you. Want to Upgrade?

To: gongoman who wrote (33024)	5/9/2001 8:53:00 AM
From: jpdunwell	Read Replies (1) \| Respond to of 100058

Gongo, <<Well I dont know what everyone else heard, but I heard 2 qtrs, thats 6 months, which is the time the market is suppose to start reacting to recovery>> I heard the "hope" word in those comments, much the same as INTC's report a couple of weeks ago. Why don't I believe these guys? No hard evidence, and meanwhile all economic and industry reports continue to show the conditions have not bottomed. That's not to say they won't, but just that there is no solid indication of that. In my opinion, even if conditions have bottomed, the valuations on the majority of these companies is still completely out of whack. In this fantasy land, that won't stop them from going up more, but I think it will only set up a harder fall sometime later. You posted that you've taken a long position, and I really do wish you well with that, but just be careful out there. Good luck, JP