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Technology Stocks : CMGI, eBAY, AMZN, AOL - When will the pain end?
EBAY 99.560.0%Oct 29 3:59 PM EDT

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To: paulmcg0 who wrote (11)6/15/1999 12:56:00 AM
From: Cascade Berry   of 47
 
Paul..you are absolutely correct. The terrible thing about this falling knife is that it is taking out the "first wave" Internut investors - the early adopters of the technology who thought they knew about stock market risk. When that layer of techno-savvy "investors" is wiped out - who will be left who both understands the technology in a major way and has any money left to speculate in it?...those people who regard the Net as "new-fangled" sure aren't going to be greater fools now, with all the scare stories.

Long bond at 7% by Christmas? That's my theory. Look out below.

Cheers.
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