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Strategies & Market Trends : Market Gems:Stocks w/Strong Earnings and High Tech. Rank
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To: Long John who wrote (91149)3/31/2000 9:43:00 PM
From: westpacific  Read Replies (1) of 120523
 
France Modigliani - NY Times on CNBC, this is important!

And the New York Times carried a story Friday that said Franco Modigliani, who won the Nobel Memorial Prize in economics in 1985, says that the current mania for Internet and other technology stocks is a bubble that will burst.

This is BS, listen up, what he said right on old CNBC was that the old ecomomy stocks and the DOW was 2000 pts. overvalued. He said their are many technology plays that are undervalued considering their potential for future earnings. As far as internet plays he is focused on the ones we all know that will never have earnings!!!!
This is important as what he is saying is that certian key areas of technology are the place to have you money. It is important to understand this fact, lets all work hard to sniff them out! You should have seen the interviewers face on CNBC when he pointed out the old economy stocks were highly overvalued!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!
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