Strictly: Drilling II Message Board

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Strategies & Market Trends : Strictly: Drilling II

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To: SliderOnTheBlack who wrote (4965)	12/5/2001 4:38:54 PM
From: SliderOnTheBlack	Read Replies (3) of 36161

Fund Mgr Grant Tanaka on CNBC - quote/unquote: "I believe this is the start of a new multi-year bull market in Tech Stocks" Tanaka-son; why ? The PE's seem cheap ? Earnings ramping ? Sales, revenue & Cap Ex Spending up ? ...what happened to the bottom they called just a couple of months ago, or the one in March/April 2000 ? From Nasdq 5,000 24 months ago; we've crashed & burned to the tune of 3,500 some odd points straight down..... and now, since we've had a Fed/ESF-PPT induced 500 point dead-cat bounce ..... we are now being led to believe that this is a NEW BULL MARKET !?!?!? - here's CNBC's lead in here tonight: CNBC - "NASDQ shatters 2,000 !" ... hello ? I remember when NAZ 2,000 would have been laughed at as a David Tice delusional lowball Bear target. Now; we are to believe that it's "cause celeb" !?!?!? ... is anyone really buying this $hit ? EMC is only at a PE of 128 tonight ! - that's a screamin' buy 'eh ? If people buy into this crap; there should be no sympathy from this point forward... they deserve to walk the breadlines...

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