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Technology Stocks : Network Appliance

NTAP 115.99

+1.1%

Dec 4 3:59 PM EST

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To: Boplicity who wrote (6901)	3/9/2001 3:27:37 PM
From: John Koligman	Read Replies (1) of 10934

I saw it back in '73-'74 when I started out. NASDAQ then was down 59.6%, and the DOW also crashed. Some interesting similarities in that the hot stocks of that time were the 'nifty fifty'. Once they crashed many never recovered. Doesn't mean this latest bubble will turn out the same way, but then again, last year when I was quite bearish I got an earful of 'it's different this time, this is the new economy'... Regards, John PS - You will be happy to know that if we close near the lows today that this bear will take the crown from the '73-'74 one as the worst NAZ drop in the history of the index...

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