Clown-Free Zone... sorry, no clowns allowed Message Board

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Pastimes : Clown-Free Zone... sorry, no clowns allowed

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To: sammaster who wrote (13446)	8/24/2000 10:16:36 AM
From: pater tenebrarum	Read Replies (1) of 436258

yep, some dead cat bounces are taking place, and they're quite sizeable in some cases. INTC is beginning to acquire the qualities of POS...virtually no improvement in operating earnings for three years in a row, and look what the stock did, on hype alone. imo so many big funds have vast positions in it that it has become one of the tape painting favorites...like other big cap tech stocks, it is being supported by constant fund buying, regardless of fundamentals. it's only going to come down when redemptions begin to overwhelm fund inflows.

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