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Strategies & Market Trends : Stock Attack II - A Complete Analysis -- Ignore unavailable to you. Want to Upgrade?

To: Square_Dealings who wrote (37078)	6/15/2002 1:02:12 AM
From: augieboo	Respond to of 52237

Michael, CSCO has shown that it doesn't need to "create" sales in the telecom sector. It just "creates" them in its quarterly reports and earnings conferences. <g>

To: Square_Dealings who wrote (37078)	6/15/2002 3:17:06 PM
From: Mike Learner	Respond to of 52237

Michael, I agree with you that the telecom sector is dead and the major telecoms are on the brink of bankruptcy. I have heard that big and fat T going under, will be a great case study for Harward and/or MIT. Did you hear on Friday over CNBC that one analyst said that "Telecom" sector just SUCKS! That was his word. And, the clowns only mentioned it once and they decided to keep it under wrap. Does anyone know this guy's name? True, its going to be years, not months, before demand comes back in telecom. Its domino effect, of course, puts a lot of pressure on all tech. I am going to sell every rally for next few years. That's where the reward is, IMO. All I can say, it is not time to accumulate these depressed tech stocks. Regards, Mike