VOLTAIRE'S PORCH-MODERATED Message Board

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Strategies & Market Trends : VOLTAIRE'S PORCH-MODERATED

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To: Voltaire who wrote (15275)	11/13/2000 9:22:38 AM
From: t2	Read Replies (1) of 65232

Voltaire, I agree with you that we will get our turn up on the market by late in the week. The Hewlett blow up is not the real cause of the selloff; the Nasdaq futures yesterday already indicated a big decline for this morning. I was already expecting about at least 100 point decline. I actually think it is good that they reported the quarter quarter early instead of Wednesday; now that was brilliant on the part of management! Again, HWP's revenues look pretty good; the bigger concern is the demand issue not a company's EPS in this environment at this time. The biggest risk is still the amount of overseas mutual funds selling. I actually think the election is getting factored in along with the negative tech sector sentiment all at once.

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