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Technology Stocks : Nortel Networks (NT)

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To: Kenneth E. Phillipps who wrote (5621)	5/1/2000 12:20:00 AM
From: jack bittner	Read Replies (1) of 14638

this was re-run today in the ny times "One of the most striking features of the present chapter in stock market history is the failure of the trading community to take serious alarm at portents which once threw Wall Street into a state of alarm. ... Traders ... now feel confident that they can ride out any storm that may develop. But more particularly, the repeated demonstrations which the market has given of its ability to "come back" with renewed strength after a sharp reaction has engendered a spirit of indifference to all the old-time warnings. As to whether this attitude may not sometime itself become a danger signal, Wall Street is not agreed. The New York Times, Sept. 1, 1929

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