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.

Strategies & Market Trends : The New Economy and its Winners -- Ignore unavailable to you. Want to Upgrade?

To: Wizard who wrote (10665)	2/27/2002 9:57:31 PM
From: techanalyst1	Respond to of 57684

The consumer stocks don't indicate a double dipper is coming. Take a look at just about anything non tech consumer based and it's fine, be it travel, leisure, retail (for every Gap there is a Chicos), autos, food, restaurants. Most of those also depend on some corporate rebound as well. I don't know what's wrong with tech stocks. Maybe it's just valuation, negative fund flows or accounting worries. But I do think that the economy depends on the telco sector, so I'm hoping that they at least bottom out fundamentally or maybe we do get that double dipper. Otoh.... I think that lots of jobs in that sector are never coming back or at least not in the next few years.... like aerospace in the 70's in So. Cal. Some people probably will have to move to another field.... where I don't know. TA