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To: Sam Citron who wrote (6372)	7/15/2003 4:56:20 PM
From: Cary Salsberg	Read Replies (1) \| Respond to of 13403

OT RE: "It has been a tricky and difficult year for many of us who find it a bit difficult to believe that recovery is right around the corner and valuations are reasonable." I will admit that 2003 is trickier and more difficult than 2000, but 2000 was a no-brainer and 2003 is very similar for buy and hold long term investors. "Right around the corner" is not necessary and "valuations" are the precise use of rearview mirrors. You are old enough to be able to "feel" that the world is changing, at least, when it comes to the place of technology in the average person's world. Life is about making a few good decisions. At this time, a bet placed on technology and the best technology companies, is one of those decisions.

To: Sam Citron who wrote (6372)	7/15/2003 7:00:14 PM
From: Sarmad Y. Hermiz	Read Replies (1) \| Respond to of 13403

OT >> Maybe this morning's gap will prove to be the exhaustion gap of this incredible run Au contraire, Sam. The shorters are the ones who are exhausted. I expect the large chip companies will all report higher earnings this Q. Both sequentially and Y/Y. So the shorts will not have any relief this earnings season. Sarmad