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Technology Stocks : Semi Equipment Analysis -- Ignore unavailable to you. Want to Upgrade?

To: EACarl who wrote (11839)	9/25/2003 10:12:02 PM
From: Sarmad Y. Hermiz	Read Replies (1) \| Respond to of 95530

>> How about the tens of millions of Americans who have a portion of their paycheck automatically going into their 401(k). EA, Yes, of course. So in the absence of IPO's, future stock buyers (employee pension plans) will buy from current owners, driving prices up. I wonder if that is why the stock market crashed in 2000 - 2002. Foreigners were removing money from US. And companies were contributing less (or nothing) to retirement plans. Since the plans were over-funded due to high stock prices, there was no need for extra funding. Hence, no fuel to drive prices higher. However, now that retirement plans have shrunk, both employers and employees are adding cash, and Voila! stock prices are rising again. Thanks for the hint. Sarmad