Tuesday, September 23, 2003 8:41:29 PM
http://biz.yahoo.com/rf/030922/manufacturing_telecom_sp_1.html
I believe what is happening is that a lot people are saying the WORST may be over. This may explain why share prices of telecom GEAR makers are holding up. It sounds too familiar. Every time we say it can't get any WORSE it DOES. I did some techinal and fundamental analysis and did not come to the same conclusion. Both analyses showed that it is a risky time to buy in. Technical indicators are not looking good and fundamnentals for the remainder of this year are weak(I could use stronger words).
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