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To: Shack who wrote (23984)	12/6/2001 10:04:37 AM
From: JRI	Respond to of 209892

OT Like I said, he only gave a 3 line answer, and the interview(er) didn't follow up (which was a mistake....I mean a major thinking head/"bubble caller" not seeing this recession as a big deal..), so I don't know what he would say about telecom. I am assuming that he would say that there are always excesses in recession, but it depends where they are, and how quickly you can get rid of them (to get of the recession)..but that's just a guess.. I may even do a search on Siegel and stuff he's written lately, because one definitely has to listen/respect this dude, even if one disagrees....perhaps the snapshot gave a false impression of his real view, but the Prof definently didn't try to add anything (after initial statements)