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


To: John Trader who wrote (54758)10/28/2001 11:56:18 PM
From: Tito L. Nisperos Jr.  Read Replies (2) | Respond to of 70976
 
John, sorry for not being so specific. What I meant is that even though we have a slowdown in the Worldwide economy which was made worse by the Sep 11 event that resulted in many people out of work --- Other people are still getting jobs one way or another. Those people who have Jobs could afford to buy not only food but other needs. Other needs include Cell Phones, Computers and other things that have CHIPS in them. I don't believe in people who say that our worldwide economy has a lot of downside to go like it will take another 2 years, 3, 20, 25 years to reverse the downward trend. I don't have 20, 25 years left to live to see them proven right. On the other hand it only takes 6 months for the economy to turn Up --- for them to be proven wrong, or shall I say Dead Wrong?

So I'm Bullish on Tech Stocks so as to continue to buy them --- more so because they are a lot cheaper than they were 18 months ago.