Corning Incorporated (GLW) Message Board

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Technology Stocks : Corning Incorporated (GLW)

GLW 84.52

-3.9%

9:42 AM EST

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To: Asymmetric who wrote (952)	10/13/2000 8:17:08 AM
From: t2	Read Replies (2) of 2260

Also if you want to get the best bargains you have to be willing to get in on the early side. Once everyone realizes the selling has exhausted itself, all that cash built up on the side line will come back in, and I'd rather have time to pick over my merchandise than have to stand shoulder to shoulder with other "eager" buyers. So seems to me risk-reward over the next few weeks would seem heavily weighted toward reward. Good Points Peter. I am also betting on this scenario. This is too good a buying opportunity for the sidelines money to ignore just based upon the flare up in the middle east. Even the oil spike seems to be factoring. I think we got our capitulation yesterday due to the middle east crisis, otherwise IMHO we could have seen a 100+ gain on Naz yesterday. In addition, I don't think the tech stocks have a direct link to oil prices unlike the some of the old economy stocks. As the PEs have come down in tech, they should become even more immune. good luck to all.

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