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Technology Stocks : All About Sun Microsystems

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To: Prognosticator who wrote (39628)	12/23/2000 1:35:57 AM
From: QwikSand	Read Replies (4) of 64865

Well, I have one comment on twister's triumphal soliloquy, which is unlikely to be popular. The tech bubble is over. Is there disagreement about that? Anybody think it's going to re-inflate and we're going to see $400 AMZN? I think a lot of people have gotten a bit of negative reinforcement over the past several weeks, and are due for a bit more. All of us "clowns with too much liquidity and CNBC access", who have gotten a little morsel of cheese each time we pressed the bar for the last five years, are now getting electric shocks instead and are likely to continue getting them for a while. The bar is going to become a bit less interesting. I think one direct consequence of this (among many) is that SI isn't going to survive 2001 in anything like its present form. I have a paid-up "lifetime membership". SI's owner, content mega-conglomerate INSP, is going for $6 a share after falling 93%. Without a bubble, we can no longer be passed up the golden dotcom ladder to the next greater fool. You do the math. Where's SI funding coming from? Fun while it lasted though. --QS

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