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 : The New Economy and its Winners -- Ignore unavailable to you. Want to Upgrade?

To: Sonny Blue who wrote (7298)	5/30/2001 9:17:32 AM
From: Bill Harmond	Read Replies (1) \| Respond to of 57684

From Briefing: 8:06AM Morgan Stanley Cuts Opticals : Morgan Stanley downgrades four optical cos to NEUTRAL from Outperform: Nortel (NT), JDS Uniphase (JDSU), Tellabs (TLAB), and Sycamore (SCMR); says that a recovery in optical networking demand might not be seen until Q3 2002. 8:02AM CIENA Corp (CIEN) 57.01: FLAG Telecom (FTHL) to deploy CIENA optical systems in its FLAG North Asia Loop project - a submarine network that spans Japan, Hong Kong, Taiwan and Korea.

To: Sonny Blue who wrote (7298)	5/30/2001 11:44:03 AM
From: craig crawford	Respond to of 57684

>> If that is the case, then don't you think the baby boomers might have to delay their retirement further out and therefore the bull market might last a little longer? << First of all the bull market is OVER. What is this last longer stuff? You are essentially saying weak stock prices will encourage more investment for longer periods of time as retirement gets pushed out further. Sorry but it doesn't work that way. Weak stocks prices discourage more investment and roaring bull markets attract investment. That's just the way it works. >> In fact, Barron's ran an article last year saying that people are not saving enough money for retirement and may have to work way into their 70s. << Working into your 70's is not the same as pouring more money into retirement accounts. >> The point is there is always a bull market somewhere. << That is what I'm trying to tell you. The next bull market isn't in tech stocks. In fact it won't be in S&P or Dow stocks either. It will be in natural resources and commodities.