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Strategies & Market Trends : DAYTRADING Fundamentals
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To: TraderAlan who wrote (10683)11/21/2000 4:40:09 PM
From: TraderAlan  Read Replies (2) of 18137
 
Interesting. Now we have Blodget predicting the demise of the majority of public Internet companies. A little change in sentiment since last winter. I'm smelling a bottom in the Net wreck in the next few months, perhaps right after Xmas when we should have a wave of bankrupcies.

BTW HRE remains profitable <g>:

"Blodget's report also said it sees the "effects of 'dot-com incest'" slowing growth for another two to three quarters," resulting in the disappearance of the "vast majority" of Internet companies."

Alan
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