SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : COMS & the Ghost of USRX w/ other STUFF
COMS 0.00130-18.8%Nov 7 11:47 AM EST
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Will Young who wrote (3534)8/12/1997 4:43:00 PM
From: Glenn D. Rudolph   of 22053
 
Glenn, I'd like to ask you a stupid question: Do you think the market is at the beginning of a minor or a major correction by your 20 year experience on the stock market? Or will we most likely get it over with pretty soon? I appreciate and value your insightful "guess". Will, The market is in a correction as far as I am concerned. It seems most investors are looking for a reason to sell. They are looking for a reason for the market to go down. No one is focusing on a reason to go up. Today's bond movement was a good indication of that. There will likely not me much in tomorrows report that indicates strong inflation but the bonds dropped at day's end as it did Monday too. I am not guess this to be a huge correction. There is too much money going into the market from the baby boomers. The money has to go somewhere and baby boomers by nature are not bond buyers. If we use the DOW as an indicator(I dispise the DOW), I believe the lowest we are going to see is around 7700 and then a move back to here. The networkers are recently getting battered due to the announcment by Ascend. It seems as thought that spilled over to COMS, CSCO, etc. I doubt the networker's would have sold off at all even during a market correction had Ascend not made this annoucement. I wonder if Ascend booked a lot of July business in the quarter ending in June since they would not have made their numbers due to Rockwell's blunder. Glenn
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2026 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News