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Strategies & Market Trends : Sharck Soup
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To: velociraptor_ who wrote (16652)4/17/2001 7:33:54 PM
From: American Spirit  Read Replies (1) of 37746
 
INTC income down 64% from last year. HWP net income down 62%
AAPL last recorded a net LOSS, and revenue was down 57%
FON net income fell 25% - Yes but stock prices also down the same or more, much mjore in some cases. And now revenues are likely to pick up gradually from here not go down again (for most not all). See my drift? When the recovery starts it will be priced-in fast. And it will start long before it peaks. There were good reasons for these stocks to come but now three are more reasons for them to go part-way back up. A 25% pop from here still leaves techs down 50-98% as opposed to 60-99%. I like the big techs but I also ilke the beaten-down dogs. Because those which are down 99% could double and still be down 97% (or something like that). With INTC back above $30 I think you'll see every one of them follow, and if traders start buying the dot-bombs then those could go up 50% or more in a week (like LOR did last week).
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