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sylvester80

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sylvester80

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Re: wahz post# 43847

Sunday, 11/10/2002 2:40:44 PM

Sunday, November 10, 2002 2:40:44 PM

Post# of 704019
"this bear won't be over until perhaps 6 months before there is strong improvement in the telecom industry"

"Strong improvement" in telecom industry recovery is much much longer than just 6 months. More like 18 months IMO. Especially with news like these:

11/10/02 [DT] DEUTSCHE TELEKOM TO CUT CAP SPEND BY $3 BN:UK BUSINESS

Cutting cap ex by that large an amount is a 12+ month process. And telecom cap ex has yet to reach bottom.


"When fascism comes to America, it will be wrapped in the flag and carrying a cross." - Sinclair Lewis

"Those Who Would Sacrifice Liberty for Security Deserve Neither." -Benjamin Franklin

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