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

To: Gottfried who wrote (46998)	5/18/2001 3:19:57 PM
From: Sam Citron	Respond to of 70976

When was Morrow ever right for more than a nanosecond?

To: Gottfried who wrote (46998)	5/18/2001 3:27:02 PM
From: michael97123	Read Replies (1) \| Respond to of 70976

gottfried, Stop concentrating on the tech side of what morrow said. Think about the implications for the recovery in a fundamental sense. And think about the possibility of a mini-bubble with nothing to hold it up if we go slow growth with inflation and hi energy. If he is right that will be the reason---folks believing in recovery fueled by lower rates only to meet Mr. Stagflation in November. I hope he is wrong but i have this nagging feelling that this economic malaise may have another year to go. Recovery in 2nd half---perhaps 2nd half of '02. Scary! mike