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Strategies & Market Trends : Rande Is . . . HOME

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To: Rande Is who wrote (41429)11/15/2000 5:03:30 PM
From: $Mogul  Read Replies (2) of 57584
 
True, I agree with that Rande..it is all about prespective... mine is that it is NOT fully counted in... still too many companies with horrificlly high multiples.... I really don't think that many are aware of how ridiculous some of these stocks are. Time will tell.. but I want to know who is buying GE, Coke, IBM at near highs? Not I... as for the Techs, yes Tech IS NOT Dead... not by a long shot, it is just overvalued... which is fine..normal progression of the way the mkt works... in my estimation CSCO will be $40 before it is $70, I am looking for Nasdaq 2500 initially before Q4 to see these Q4 reports.... If ia m correct and more then previoulsy thought slowdown in corporate profits... it will continue int the first 1/2 of 01" before we see a change... as a lot of global factors have to re-align in my opinion.
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