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Strategies & Market Trends : Trader J's Inner Circle
NVDA 184.94+0.9%10:34 AM EST

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To: furrfu who wrote (41588)3/22/2001 7:01:27 PM
From: Canuck Dave  Read Replies (1) of 56537
 
Agere just got IPO priced at 6-7$, less than half the original price.

It's still expensive given the amount of debt Lucent is off-loading. I'm not a believer in this rally, though tomorrow is probably an up day.

Those plots you posted can probably be slightly modified given the strong economic performance of the past few years. I think Dow 7000 is a realistic bottom, but don't think we'll get there.

CD
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