All Clowns Must Be Destroyed Message Board

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Pastimes : All Clowns Must Be Destroyed

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To: maceng2 who wrote (42434)	4/8/2001 3:52:07 PM
From: 10K a day	Read Replies (1) of 42523

>My best view is that we have a nasty period for techs going into about the June/July time frame and make a miraculous recovery by December Could be. Tech is not trading on fundamentals. Tech is trading on Anger and Margin Calls. Tech is trading on Massive Paper Abuse (fallout) from IPO's and Splits. I do agree with A@P that most of the NASDAQ junk that you see today won't exist in 5 years. But I also remember somebody saying that about DELL 7-8 years ago. (they were wrong by the way) If you compare Internet Market Caps to Market Caps of Dow stocks and Old Economy stocks. I'm pretty much blown away. Actually, Totally Blown Away.

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