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Technology Stocks : Applied Materials No-Politics Thread (AMAT) -- Ignore unavailable to you. Want to Upgrade?

To: Gottfried who wrote (2029)	8/2/2002 12:19:39 PM
From: Sarmad Y. Hermiz	Read Replies (1) \| Respond to of 25522

Gottfried, >> Nothing left to do but feed the neighbors cat and walk the dogs. Yes, until prices settle at the level that reflects "investors'" collective judgement. I think some of the selling now is from non-professional speculators who don't do any research, but just bought stocks and funds because it seemed like a good idea at the time. Since events proved otherwise, they will take what's left of their money and do something else with it. When that process complete, stocks will have bottomed. I have been stressing that money flows is the key to understanding prices for a while now. And I continue to see that as the most important factor at this time. After this factor recedes, then probably issues like bookings, etc.... will rise to prominence. Let's just hope the dollar doesn't fall further. Sorry about the pessimism. Sarmad