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Technology Stocks : Garbage Internet Stocks: Short the hype!
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To: Jay Couch who wrote (7)11/24/1998 4:45:00 PM
From: AugustWest  Read Replies (1) of 29
 
>>...) I'm guessing that we'll have at least a 400 point correction and possibly as much as a 600 point correction over a couple of days. Anybody caught still holding the 'junk.com' stocks will be hurt pretty badly.

/400-600 aint squat. Especially if you are calling for it at or around dow10000. Think of it. that's still higher than we are right now. Maybe a 1200 drop in a matter of a week will do the job. but than again, look at the potential of e-commerce stocks.

gone are the days where mom and pop shops are eaten by the big chain stores. now are the days of the e-commerce revolution gobbles up the chain brick and mortar stores.

I'm not disagreing with you that there are a bunch of over prices net stocks, but look at the future of this revolutionary new business that is just now getting noticed.
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