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Politics : Formerly About Applied Materials -- Ignore unavailable to you. Want to Upgrade?

To: Gary Burton who wrote (24237)9/13/1998 3:55:00 PM
From: Gary Burton  Read Replies (2) | Respond to of 70976
 
My 2c---mkt will likely test 7000 next 10 days, perhaps as low as 6500, That will complete the FIRST phase of the Bear and a strong rally up to anywhere between 8000 and 9000 will ensue (SECOND phase for 1-2 weeks followed by the THIRD phase undercutting whatevr low we put in the next 10 days.



To: Gary Burton who wrote (24237)9/13/1998 5:43:00 PM
From: Ian@SI  Respond to of 70976
 
Gary,

Another factor pointed out by Will Lyons is the degree of leasing used by the various companies. Those which are heavily into leasing equipment and buildings will have a higher cash burn rate than those that have just purchased their capital business needs.

FWIW,
Ian.


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