Clown-Free Zone... sorry, no clowns allowed Message Board

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Pastimes : Clown-Free Zone... sorry, no clowns allowed

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To: Don Lloyd who wrote (77655)	3/9/2001 6:47:52 AM
From: Earlie	of 436258

Don: Too bad the author or his quoted contact (that "head equity trader") didn't bother to review a bit of the tech sector's historical data. If they had done so, they would have found that tech stocks like INTC traded for many years at multiples many times lower than today's,....... and in times that were characterized by growth, not saturated markets. You have to love it when they are forced to dig so deeply into the dirt to find a supposed reason for the sheep to buy. (g) While the funds that are humping huge loads of tech stocks can be counted upon to throw more good money after bad to try to support their holdings, it is just a matter of time before the press of ugly news brings on the panic stage. It has always been thus. My local chapter of the Darth Vader Society has hoisted its banner........."Lock and load, short and hold". (g) Best, Earlie

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