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Technology Stocks : Nortel Networks (NT)
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To: KevRupert who wrote (7881)10/29/2000 8:33:47 PM
From: KM  Read Replies (1) of 14638
 
That's a good piece and I was going to post it but you already have.

You can see this in action already in the heavy selling pressure in any bounce on these optical stocks. Like the semiconductors who bounced after the Jon Joseph call so everyone else could distribute, I suspect any bounce would be a good shorting/put buying opportunity. The more squawking I see from people trapped in these stocks at higher prices about how bogus this all is, the more sure I become of that.
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