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.

Technology Stocks : Network Appliance -- Ignore unavailable to you. Want to Upgrade?

To: mtnlady who wrote (8846)	8/2/2001 3:39:17 PM
From: limtex	Read Replies (1) \| Respond to of 10934

mtl - Well tomorrow should be fun for shorts. Either the market gets dissapointed in which case down about 100pts or maybe less or it gets pleasantly surprised in which case my guess is that many shorts are going to go straight to panic mode. A nice coming out of the slump rally could cause the mother of all short squeezes. And what fun that would be. We need a short capitulation to clear them out for a few months. If they get nicely burned they won't be back for a bit and the economy may well recover just on the good news generated by the resurging markets. I mean just imagine what happens if the market gets a real head of steam rally behind it. Best regards, L

To: mtnlady who wrote (8846)	8/2/2001 5:28:04 PM
From: techreports	Read Replies (1) \| Respond to of 10934

UF I'm of the opinion that the market has not seen it's bottom yet. Too many people are still looking for a second half recovery Yes, but if the recovery is in the 1st half of 2002, then the market will begin to move up 6 months before (ie right now) I believe inventory levels are getting very low and new sales will begin once companies like Cisco or Nortel have no more inventory and need more chips from say Broadcom or Applied Micro to produce their products. If things don't get worse then i doubt we'll see the market go down to say 1600 unless the NASDAQ at 2050 has a built in assumption that the economy will get better. Do you think investors have priced the NASDAQ at a price with the assumption that the economy is getting better? just some thoughts, i wouldn't even bet my own money on my own advice. energy prices have come down, taxes have come down, & interest rates will be effecting the economy (takes 1 year) by January 2002. Some feel companies are holding back their IT spending till Jan 2002. Oh, and earnings will look better in 2002 when compared to 2001 earnings.. All very good positive things for the economy & the stock market, which hopefully makes for a good 2002. Obviously, i'd expect the market to go up before all this becomes true. Just like the market began going down before earnings actually fell. Here's a pretty interesting article about software companies: thestreet.com