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.

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

To: Michael Young who wrote (49010)	7/10/2001 1:58:58 PM
From: Jacob Snyder	Respond to of 70976

The hypergrowth rates for telco-equips in 1996-2000 were dependant on telco spending that was largely debt-financed. That is unsustainable. It wasn't just a stock market bubble, it was also a credit bubble. But I think growth will return, at more modest rates, in 2003 is my guess. And I think some of the telco-equips will be good investments (those without debt, and who sell equipment for wireless, last-mile, networking). But I think I'll get better prices for CSCO and JDSU and QCOM than we are seeing today. That sector hasn't bottomed, IMO.