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Strategies & Market Trends : The New Economy and its Winners

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To: 16yearcycle who wrote (5070)	1/24/2001 7:11:13 PM
From: Libbyt	Read Replies (1) of 57684

>has convinced me to walk away for awhile. I am not selling< Gene.....I don't blame you for being discouraged with the After Hours selling. However, IMO....there have been quite a few times when After Hours selling does not really give a good indication of where the stock will be trading, or opening the next day. Often too many people seem to react too quickly, without seeing "the big picture"! JNIC is another company that had great earnings, and it is selling off in After Hours too....but I wouldn't be surprised to see it open much higher than the After Hours numbers tomorrow. With the very strong possibility of further FOMC rate reductions, IMO all of these stocks should be much higher in the next week. The CA energy crisis just seems to be one more reason for the FOMC to lower rates.

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