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Technology Stocks : PALM - The rebirth of Palm Inc.

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To: Win-Lose-Draw who wrote (4227)3/16/2001 12:02:01 PM
From: FNS  Read Replies (2) of 6784
 
W-L-Draw: <<Another day like this and even PALM will enter my valuation comfort zone.>> YUP! The major PDA's are down...PALM at 16 was a sell signal, but I didn't believe....still thinking this market and PALM will turn.. Unfortunately, I don't think we've had a 150 point reversal on the NASD since the 2300 break on 2/22! and no signs of turning, at least till Greenspan speaks on Tuesday...maybe! My gut tells me he won't go the whole route; i.e., 75 bp's....and he'll tank the market...which perhaps will result in the capitulation 'BS'....a self-fulfilling prophecy I guess!.

Can't believe the public sentiment went up a tick ...may mean more downside to go!

Still long....ouch!

fns
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