Stock Attack II - A Complete Analysis Message Board

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Strategies & Market Trends : Stock Attack II - A Complete Analysis

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To: stockman_scott who wrote (2104)	3/6/2001 2:10:04 PM
From: JRI	Read Replies (2) of 52237

this is an impressive rally in techs (if it holds)...other headline "can it get worse?"....yes, of course it can....Naz P/E still north of 100.. Something to consider: CREE...a stock we've both owned in the go-go days, gets downgraded todat, and analyst says biz is slowing in Europe....stock is up 17%....too much speculation still in market, IMO....investors looking for a bounce...the kindof folks that bought CREE today, IMO, will also run at the 1st sign of trouble.....I don't like that (for creating a bottom)...trashy stocks still rally on any whiff.... And CREE is trouble, IMO...after I read about the scam with one brother selling stuff to the other brother's company, and then "give backs"....I wouldn't go near them anymore.....if the head of a company promotes/allows such shenanigans.....he'll do it again when things get tough...and you'll never see the revs/earnings slide....

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