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Strategies & Market Trends : Rande Is . . . HOME

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To: Rande Is who wrote (23798)4/13/2000 10:20:00 AM
From: ALTERN8  Read Replies (2) of 57584
 
VRSN is already $50 off the high of the year

actually it is 127 points off its highs. PE ratios do not matter for tech stocks or VRSN would have never had its run the way it did. When is enough, enough? down 60 to 75 % from their highs how could one think these stocks could keep selling off? 2nd tier stocks are down more 85 to 95% from their highs, can they go any lower?
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