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Non-Tech : The Critical Investing Workshop

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To: Poet who wrote (33864)	12/1/2000 1:50:20 AM
From: techguerrilla	Read Replies (3) of 35685

I thought Ursa was short for . . . . . . . . Ursula Andress. Man, did I love her in "Dr. No," my favorite James Bond movie. I liked that comment about being a "wee bit long." My attention span is shortening every day. I'm a "wee bit long" when I can find the attention span to watch a two-hour movie. What kills me these days is that people are actually debating whether we're in a "bear market." God almighty! The "Naz" has been cut in half since March. That's a "slow bleed crash." People need to get real. The question now is whether "retail investors" or, should I say, "retail gamblers" even have the courage to buy any tech stock whatsoever. Buying such a stock now when that company's P/E is over, say, 150 or 200, in this climate, is lunacy. That's why I like Qualcomm. Damn. It brought me to the market and almost fractured me. But it's gone from that putrid low 50's during the summer to the low 80's now. That's not bad given the insanity we've seen in the last few months. It's almost like a "value stock" now. /john

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