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Technology Stocks : Applied Micro Circuits Corp (AMCC)
AMCC 8.4500.0%Feb 3 4:00 PM EST

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To: Beltropolis Boy who wrote (1009)12/2/2000 4:27:56 PM
From: Raymond Duray  Read Replies (1) of 1805
 
Hi BB,

i think i will give myself a early x-mas present and get a lobotomy. do my part to further dumb down the sell side.


I feel your pain. It's going to be a very interesting few months ahead for the sell side. But I see the fun meter running a little low. John Roche, of Arnhold & S. Bleischroder is comparing the NAZ of today with the NYSE action in 1917-8. I can see that a comparison to the demise of the 1960's Nifty Fifty might be in order. If we look at the bubble in Japan in 1989, we can see that that particular market took about 630 days to finally settle out. We are in the early innings, as far as I can tell.

Mercy on us all.

Best, Ray
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