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

To: Proud_Infidel who wrote (3756)	10/26/2002 12:39:40 PM
From: Steve Lee	Read Replies (2) \| Respond to of 25522

"This is already the longest Bear Market since the depression.....how long do you really expect this to last?" Until valuations go as far below historical norms as they went above it during the bubble. While people invest based on "this is already the longest bear market" or, "the stock has come down from 52 to 10" we are still in a bubble. How far a stock or market has come down since a ridiculous peak is irrelevant. What is relevant is the vast misallocation of capital that existed, and the damage that was done to business and careers as a result.