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August 30, 2002

By Monty Guild and Tony Danaher, on August 30th, 2002

I’m writing at the end of August to give a bit of an interim update. We are getting a lot of calls from clients and friends asking about our view of the U.S. market. Have we seen the MOABO (Mother of all Buying Opportunities) as one of our clients and friends calls it or is the current market rally just a bear market bounce?

Our answer is both. In our opinion, the market has presented us with both a bear market bounce for most big cap tech stocks and for former leaders of the last market cycle, but it . . .
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August 30, 2002

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August 30, 2002

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