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Technology Stocks : All About Sun Microsystems
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To: Charles Tutt who wrote (26720)1/24/2000 6:51:00 PM
From: fuzzymath  Read Replies (1) of 64865
 
The selling could continue. In the past two Barron's they had their annual roundtable, and the big pros are split between this year giving us a small gain (10% or so) or there being a nasty correction / bear market pretty soon, especially for the NASDAQ 100. If some pros are coming out in public talking a NASDAQ 100 bear market, that's going to turn some heads. One prediction was for a 30% NASDAQ bear and a 20% NYSE drop.

My models are of course all negative at this point. They turned uncertain to negative last week because the NYSE performed so poorly, even as its volume rose.

Kevin Farnham
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