ADSL vs. ISDN Message Board

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Technology Stocks : ADSL vs. ISDN

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To: John Messbauer who wrote (10)	5/26/1996 9:32:00 PM
From: James Strauss	of 25

Facts vs Dreams.... John: Thanks for your thought provoking suggestions... I'll look at the PC Mag article.... It's interesting that there are usually three investment phases with Tech stocks... 1. Dream phase... Hopes are high and stock price runs up to overvalued... 2. Reality phase... Earnings are away off, and price goes through the floor... 3. Fundamental phase... Revenues and earnings start coming in and price starts moving up... If the dream phase kicks in again, the stock rockets upward (IOMG)... Jim

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