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Technology Stocks : LAST MILE TECHNOLOGIES - Let's Discuss Them Here

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To: Kenneth E. Phillipps who wrote (2008)	9/3/1998 8:21:00 PM
From: MikeM54321	Read Replies (1) of 12823

"I think the real significance of this announcement is that the buildout of the global communications network will probably continue in spite of the news coming out of the emerging markets. IMO, telecommunications equipment and software will continue to be a good sector for investment." Ken, Good point. But if the market doesn't see it that way, it wouldn't surprise me. Remember networkers haven't warned in over a year and still, on average, it's been pretty lackluster for them. I hope any pre-warnings are built into the current stock prices. But this is a hard one to call. The networkers will probably tank if any one of the major networking/telecom equipment companies warn. That's why I'm still relatively light on equities now. I think we are in a good group too, but we still are vulnerable to any type of market meltdown. Analysts don't seem to want to mention that the networking sector is fairly isolated from Asia problems. At least I have never heard them say this since October of last year. Thanks, MikeM(From Florida)

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