[Red in Blue PA]

This could get really ugly. It may feed upon itself if recent margin levels are any indication.

[Zathras]

This is what I’m worried about.
Many of the high tech companies were doing really well in 2000. Lots of cash and excited about the future.
Very few are excited now and cash reserves (except Apple) are not good.

If this falls off the edge, its going to fall far.