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Pastimes : Clown-Free Zone... sorry, no clowns allowed
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To: Earlie who wrote (25734)10/10/2000 7:58:57 AM
From: Tony Wang  Read Replies (3) of 436258
 
To Earlie: Very lucid post. However, it is at this point explaining the obvious, given the tech wreck we are experiencing. I have no doubt you have been bearish for 2 years, but you had to suffer major pain at least until this March. Given stocks like MU are already down 58 pts. and have a forward PE of 10 or 11, are you still negative and believe these guys will continue to sell off? Wall ST. is now almost unanimously in your camp now. Every day, analysts seem to pick out what hasn't collapsed and do a downgrade just to get into game. Are you concerned that your peers who were on the other side of the ledger for these past years have turned around and joined you en masse?
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