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Non-Tech : The Critical Investing Workshop

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To: Jill who wrote (10711)	4/3/2000 6:57:00 PM
From: marginmike	Read Replies (3) of 35685

Blamming MSFT is silly. Ther Naz sold off its up 94% in one calander year. It had many stocks that were simply bought on speculation. This was just the excuse. It is healthy for the froth to come off the top, The valuation re-adjustement happening in the market is very pertinent to ICGE type companies. Their valuations are based on the RIDICULOUS valuations in Internet stocks to continue. I do not follow ICGE's valuation, and am sure its a fine company, but the days of DRKOOP and TSDC are valued at absurd levels are getting straightened out. If you stick to wireless and Infra you will fair much better. We are heading back to stock picking from momentum.

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