I'd like to get near their crystal ball with a hammer. This round of reports is coming from the same batch of people who said there would be a huge miraculous recovery this fall. DoubleClick was saying just in January that they expected a turn around this fall.
henki
11:57 am on Jul 12, 2001 (gmt 0)
LOL - Yes they do change their expectations fast. Unfortunately many lend their ears to Yahoo.
skibum
4:29 am on Jul 17, 2001 (gmt 0)
We may see some extreme volatility with all the earnings reports coming up soon. Seems like the bottom is still yet to be found in tech, but some of the battered shares are starting to look reasonably priced.
Guess its the job of the CEO's et al to be cheerleaders till the day the bad news is released, and then keep talking about the coming recovery that didn't materialize this time.
Hunter
5:36 am on Jul 17, 2001 (gmt 0)
Yep...it really looks like recovery is gonna take a while in tech. The naz is one sick doggy and it needs time to heal.