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Politics : Ask Michael Burke

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To: Earlie who wrote (80591)	5/11/2000 7:50:00 PM
From: PaperChase	Read Replies (1) of 132070

Earlie, tech stocks have always been volatile in price and surely many are overpriced. But overall, from an index perspective, the decline is almost over. The Naz will find support above 3000 and the DOW above 10000. This summer will not be a tech blood bath. Why? The accounting change can be said to be already factored in to prices. There are no more surpises for the broad market. Those that want out ahead of the fed action will be out by tomorrow late in the day. The action we just saw in the market was the 2000 dip. I am sad for I thought I could better price deals on my dip targets.

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