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Strategies & Market Trends : VOLTAIRE'S PORCH-MODERATED -- Ignore unavailable to you. Want to Upgrade?

To: stockman_scott who wrote (50802)5/1/2002 4:17:43 PM
From: Jim Willie CB  Read Replies (3) | Respond to of 65232
 
dollar decline as big as your 3 reasons /jw



To: stockman_scott who wrote (50802)5/1/2002 8:00:48 PM
From: Ex-INTCfan  Respond to of 65232
 
I think it boils down to capital expenditure budgets. They have been set for the year. I see no meaningful increase in tech spending because of this.

If captial expenditure budgets for tech increase in 2003, then we should see a pop in the NAZ in late summer. Will the budget increases be large? I doubt it. What CIO is going to put his neck on the line with a big increase? Maybe 2004.


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