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Technology Stocks : Novellus -- Ignore unavailable to you. Want to Upgrade?

To: Kirk © who wrote (3442)	5/29/2003 9:12:21 PM
From: SemiBull	Read Replies (1) \| Respond to of 3813

I bet some are still waiting for CA real estate prices to drop once the Gold Rush ended 150 years ago. While I don't mean to be contrary, it is my understanding that they have been anything but linear over the past 150 years, perhaps even more so at specific points in time. I read the economy isn't coming back hard on lower rates because people are refinancing and using the lower debt service cost to clean up their personal balance sheets including increased savings. This is GOOD for the long term. If this is true, I totally agree. I do note that many people have used lower debt service to step up in home size and value...thereby creating the real estate bubble, particularly with the bear market on Wall Street.