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Strategies & Market Trends : Rande Is . . . HOME

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To: Rande Is who wrote (30676)	7/27/2000 9:51:01 PM
From: DlphcOracl	Read Replies (1) of 57584

Rande Is: Regarding your predictions.... Your call of a major decline earlier this year was NOT your best call -- frankly, even I anticipated that. After the NASDAQ had rocketed from 4000 to 5000 in a matter of months, I knew that was coming. Your genius was in anticipating the MAGNITUDE of the decline. There was a post where you listed several of the NASDAQ high-flyers and the prices you thought they would fall to during the NASDAQ carnage. QCOM at 60?!,etc., etc.; I was laughing my ass off -- what is he thinking? Unfortunately, I did not bail out this Spring when you recommended selling out of all tech stocks in early April; I'm not laughing now. Never in my wildest scenario did I see the major, top-tier tech stocks declining 50-70%. Internet stocks? Yes. Small-cap high flyers? Yes. No way did I think stocks like QCOM, PMCS, BRCM, RBAK would crash and burn. That was (IMHO) unquestionably your best post. I still cannot believe the magnitude and speed of the sell-off. You should look up and post the link to that particular post. In retrospect, it borders on clairvoyant.

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