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Technology Stocks : America On-Line (AOL)

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To: Sonny McWilliams who wrote (39376)3/30/2000 5:55:00 AM
From: JDN  Read Replies (2) of 41369
 
Dear Sonny: I watched Abbey and personally, I didnt think her message was so strong as CNBC has embellished it to be. My interpretation was that she was concerned with the PE ratios on most techs and that they are now approaching their upper limits thus upside appreciation potential in the SHORT TERM may be limited. However, for long term investors, IMHO, nothing has changed in the Universe and the fundamentals of most large cap established Tech firms is unchanged and very strong. JDN
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