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To: im a survivor who wrote (9861)	11/20/2002 11:30:02 AM
From: Lizzie Tudor	Read Replies (1) \| Respond to of 13815

my new theory on dip buying- buy after the CEO speaks... because CEOs are underpromising. Yesterday we had cisco and amat. I heard the cisco call, not terrible but not good. "no visibility, tough climate blah blah blah". I can't comment on cisco fundamentally but I have friends at applied, and apparently the applied CEO said the same thing and my buddies say he's underpromising. One thing for sure- the TONE of these CEOs is drasticly different than before, they are not cheerleading their companies. After both of these calls stocks took a dive... but analysts see through it (or, are blindly hoping for an uptick in biz) and today things have turned around. I think the retailers are still listening to the CEOs and the pros are discounting them at this point. Hard to say whos right in the end but its a pretty consistent pattern... buy after doom and gloom negative comments because the dips don't last. Lizzie