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Technology Stocks : Network Appliance
NTAP 109.28-2.0%3:59 PM EST

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To: SecularBull who wrote (8228)5/30/2001 12:46:21 PM
From: Ron Dior   of 10934
 
I find it hard to believe that SUNW. A stock that has been having difficulties over the past 2 years, crashed the market because of lowered guidance. EMC maybe but doubtful also!

The economy will take another 1 to 2 quarters to rebound than was expected. I say big deal! The growing companies will grow a bit slower over that period. Companies with older technology and a back log of inventories no one wants should be punished ( ie. CSCO ) I agree, but not all tech companies.

News of a lengthened slowing will make the market go sideways a bit but it will not tank it like the bears suggest.

JMHO

Ron Dior
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