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Technology Stocks : JDS Uniphase (JDSU)
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To: t2 who wrote (14448)11/29/2000 6:57:40 PM
From: Bill Holtzman  Read Replies (1) of 24042
 
Do you remember what it was like in October 98? I remember well thinking how absurd the Nasdaq looked sitting at 1350 after all the hype about the internet and the dawn of the "information revolution" being upon us.

Today is no different except for the public explanations. There has simply been a ricochet of sentiment. It's a correction from an excess of high multiple booze. We of all people should have known that the booze ran out at this party when KK quit!!

The next party will start before too long. And things will start rolling when the drinking begins in earnest!
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