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Technology Stocks : Dell Technologies Inc.
DELL 138.940.0%Dec 5 9:30 AM EST

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To: Venkie who wrote (148624)12/7/1999 5:49:00 PM
From: Chuzzlewit  Read Replies (8) of 176387
 
Venkie,

Thank God for Brcm..qcom..jdsu and the other stocks the folks on this thread own.

While it is fun to latch onto winners like these, the prices for these companies bear no relationship to their fundamentals or presumed growth. I think the tech market is poised for a major fall. What kind of of growth can justify paying 100 times cash flow? Remember the Japanese bubble economy. Remember the demise of the nifty fifty. I'm not a market timer, so I don't have a clue as to when it will happen, but I am certain it will happen. I think it will be ugly, with many high-flying stocks falling by 70% or more.

A word to the wise ...

TTFN,
CTC
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