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Technology Stocks : Mattson Technology
MTSN 3.6000.0%May 12 5:00 PM EST

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To: John Stewart who wrote (2794)5/5/2000 8:50:00 AM
From: Philip W. Dunton, Jr  Read Replies (1) of 3661
 
John S. When Nasdaq drops about 40% from its high, that is much more than "the possible early stages of a bear market". Maybe it's just the first leg down, then again maybe most of the damage has already been done. Who knows?? My guess is that the market is going bore us to death for a few months while an enormous bearish sentiment builds. When everyone is totally bearish, we will go up. I am not sure the drug stocks are a safe haven. Look at what happened to BMY. Phil
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