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Technology Stocks : Network Appliance

NTAP 110.93

+1.8%

11:42 AM EST

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To: Sully- who wrote (8187)	5/30/2001 7:46:42 PM
From: limtex	Read Replies (1) of 10934

west - TECH IS DEAD. Mr G got his way. I said in Arpil last year on SI that he was out to break the back of the economy and he has finally achieved that. It will not be recovered anything like so easy if at all. See Jim Willie on Voltaires Porch - No recovery this year and probably no recovery next year either. Big oil, tobacco and international paper and maybe GE or IBM thats it. Anything else is going to get a weekly downgrade and you don't know what your net worth will be when you wake up. Who wants that kind of life that we have all lived over the last year and a qtr. The only good thing is that with the realization that the NAZ WILL make you poorer very quickly people will live a much less strssful life and the NAZ qill learn to come back to a P/E of between 10 ansd 20 for the great growth stocks of which there will not be many. F--k the analysts and the houses. It is no wseen clearly to be over and they cna't get any more out of John Doe. My advice to the $2Tr.....money market accounts and don't ever go near growth stocks with P/Es over 10. Best regards, L

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