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Technology Stocks : Semi-Equips - Buy when BLOOD is running in the streets! -- Ignore unavailable to you. Want to Upgrade?

To: geoffrey Wren who wrote (2844)	10/21/1997 3:44:00 AM
From: GW	Read Replies (1) \| Respond to of 10921

AMAT continue to decline, is it time to sell and shift into other bottomed stocks before AMAT lose its value? What you think of OZON, CADE, HLIT, SPTR, INTC, BA, ASND, IFMXE, ATCC, SYQT, LSI...all of which have have great fundamental and good product and mgmt to yield 50%-100%+ like AMAT did when it bottomed.

To: geoffrey Wren who wrote (2844)	10/21/1997 8:37:00 PM
From: Coolwire	Read Replies (1) \| Respond to of 10921

I think that Cassidy's point was that Karl Marx and any sucessor who comes along and resurrects Marx and puts it in a coherent model will win a Nobel Prize for describing the way captitalism works. Cassidy's quotes a investment banker, familiar with Wall Street who said "I am absolutely convinced that Marx's approach is the best way to look at Captialism". So as a tool for looking at Capitalism, Marx may be reconsidered, not for his model of an alternative world system. We all know what happened to the alternative put forward by Marx and the undemocratic left in the beginning of this century: It was an absolute failure of an "evil empire" to use Reagan's words. But still this failure does not invalidate what its greatest thinker had to say about capitalism over 150 years ago. Marx correctly decribed many of the tendencies of capitalism still at work today, in the tendency towards monopoly, for example, among many. Or further "immiseration" of the masses which might lead to a major economic crisis due to failure on the demand side (poorer and poorer consumers), not the supply side, that could would kick off deflation and major world wide crisis. Sometimes looking at the world from the view point of its critic can lead to insights and reforms that will help stablize a system that could suddenly become unstable, much like, a great world economic crisis of the 1930's or Japan in the 90's writ small. Just my 2 cents worth and 175 more will buy you a cup of coffee.