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


To: Gottfried who wrote (55104)11/5/2001 11:41:35 PM
From: StanX Long  Read Replies (2) | Respond to of 70976
 
I just watch John Chambers on CNN.

He was positive.

Interesting point made was, “with $19 Billion in reserves, acquisition in the future was inevitable.” “As many as 12 companies will be bought up within the next year”.

If this was the bottom, it not that the time to buy a company? While everyone one is down in price, why doesn’t he use the $19B now?

Or does he think there is more downside?

Stan