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Technology Stocks : JDS Uniphase (JDSU)

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To: Kent Rattey who started this subject3/12/2001 4:27:32 PM
From: t2  Read Replies (3) of 24042
 
Bubble bursting is preventing the market from rebounding. Seems techs got way overowned--no more fund inflows to support the prices.

Don't know how low it goes but I hope it does not go below 1800s.

Need that money market cash to come back in.

Need a bunch of tech companies buying back shares before this thing rebounds....also a rate to get cash back into the market will help.
A drop tomorrow and we have a chance of a rate cut right away, IMHO.

btw--Greenspan is way overrated; got credit for nothing; and when he started doing something he messed it up.
Wayne Angel, John Riding or Larry Kudlow would have softened the fallout from a tech bubble crash although they would not have been able to prevent it.
AG and company are totally useless. I sure hope those FED governors stop making those stupid comments about how the economy is healthy. The market takes their comments as more evidence of incompetence.
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