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Strategies & Market Trends : Guidance and Visibility -- Ignore unavailable to you. Want to Upgrade?

To: DebtBomb who wrote (52205)	5/7/2002 9:58:17 PM
From: ChrisJP	Read Replies (3) \| Respond to of 208838

Yes Dale -- he said he wasn't ready to claim that all the carnage was behind us -- he says he still thinks that the small investor might capitulate sometime within the next few months, but for the most part, the correction is mostly done. Nowwwwwww ---- that doesn't mean he thinks the markets will be off to the races. I think he feels the same way I do -- after 2 years of down, with just about the same magnitude of pessimism now as there was euphoria 2 years ago -- that there can't be too many people still interested in selling. CSCO demonstrated tonight that companies are still refreshing their technology infrastructure, just at a no-growth rate, and if costs are kept in line, companies like CSCO can actually turn a decent profit. The only problems I see are: 1. There's no bargain hunters -- just short coverers, lol. 2. There are still too many companies that aren't going to make it that are still trading. 3. People have finally realized what they should have figured out about a year ago --- that they've been lied to by Wall St. since 1998. Chris