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Technology Stocks : WCOM
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To: Paul Berggren who wrote ()3/18/2000 2:06:00 AM
From: c.hinton  Read Replies (4) of 11568
 
I agree that wcom is a great company and that its price makes it look like a bargain. However the market as a whole is acting increasingly irrationlly.Investors are maniclly moving investments from one sector to another then back again.Evantually they will run for the door,as a herd.
My father told me once that if one really has to panic try to be the first.I have sold 95%of my stocks,and have put half in gov bonds and half in euros.Dont forget that the dollar trades much like a stock,it too is over valued and over leveraged.
I do plan to reinvest in stocks, especially wcom,but not till the market looks more likely to go up rather than down.
sweetdreams for the weekend
chinton
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