SI
SI
discoversearch

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 : High Tolerance Plasticity -- Ignore unavailable to you. Want to Upgrade?


To: que seria who wrote (7576)9/8/2001 2:45:09 PM
From: chowder  Read Replies (1) | Respond to of 23153
 
que seria, 6-12 weeks in the market is a lifetime. <LOL>

We could easily see another 30% to the downside in that amount of time. In fact, in today's Barron's, an analyst that was among the first to say dump telecom a year ago, says she sees another 30% to the downside, and doesn't see Telecom recovering until 2003. At that time she only expects the industry to grow at 10-15% per annum.

Capex spending is expected to be down the next two years as well. Revenues too. (Sounds like the potential for more than 30% more to the downside, BWDIK?)

What's this got to do with the VIX? Damned if I know. I just finished reading the article and I wanted to share the information with someone.

dabum