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Strategies & Market Trends : Technical analysis for shorts & longs -- Ignore unavailable to you. Want to Upgrade?


To: mattie who wrote (33013)6/22/2001 3:01:01 PM
From: Clint E.  Read Replies (2) | Respond to of 70281
 
Good luck. I bought a little bit of NT two days ago at 7-3/4 because it looked cheap enough. I think that's what you're talking about and that's what bulls could hope for: stocks are cheap enough at this point even if a recovery won't happen for another six-nine months.

I can tell you that there are many NEW chip designs that networking companies are working on. These should go into new systems by next year. This quarter, though, it stinks big time. We're below plan and cost-reduction is in full force. It is so bad that some people are asked to take voluntary unpaid vacation before the end of month!!