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Technology Stocks : Broadcom (BRCM)
BRCM 54.670.0%Feb 9 4:00 PM EST

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To: Brian Malloy who wrote (3229)12/7/1999 1:34:00 AM
From: DOUG H   of 6531
 
<<<Some people that I follow think the NAZ may move 5% above last Friday's high before pulling back. Other's like Bob Brinker think there will be no significant pull pack in December.>>>>

Brian, I'm of a mind that the recent rally is alot of the money that was on the sidelines is seeing that Y2K is a whole lotta nada. They look for S&P earnings to be even better than last year. Also, after the year the average wageearner has had, you gotta bet they're making 401K contributions galore. I think this is driven by $$$$$$$$$$$, that's gotta find a home, any short term dips will get bought pronto.

JMHO
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