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Strategies & Market Trends : Cents and Sensibility - Kimberly and Friends' Consortium

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To: 2MAR$ who wrote (97430)4/16/2000 9:42:00 PM
From: puborectalis  Read Replies (1) of 108040
 
Technology is NOT dead...........Andrew Neff, chief technology analyst at brokerage Bear Stearns, said that while a booming technology market has led to
share price excesses in recent years, demand for the products and services of the Internet economy remains undiminished.

``The primary determinant of where the market heads is not short-term volatility -- it's Moore's Law,' he said of the
exponential power of computer chips to boost productivity, cut business costs, and, eventually, create new shareholder value.

What some are saying........BY DAVID PLOTNIKOFF
Mercury News Staff Writer

In the space of just two weeks, individual investors have rediscovered
the vocabulary of violence. The tech-heavy Nasdaq -- down more
than a third in little over a month -- has left them bloodied and
chewed up. The losses -- by one estimate, valley investors have
dropped an estimated $40 billion since the Nasdaq's peak -- are
staggering and heart-stopping. It's not a correction, it's a massacre
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