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Strategies & Market Trends : Tech Stock Options
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To: Jerry Olson who wrote (31218)12/15/1997 12:24:00 PM
From: Tom Trader  Read Replies (4) of 58727
 
>>Internet & Y2k----lets explore these 2 areas........These 2 sectors look pretty immune to the current debacle...<<

If you are suggesting these as longs I can't help but see the irony of it ....... the two sectors that are priced at levels that cannot be justified not only in this lifetime but in the hereafter..... especially the internet stocks.

Well you are right about one thing -- we don't know how much the techs are likely to be affected thus impacting their profitability but that is not a worry with most internet stocks since there is no profitability to talk of in the first place:)

But having said this the street will probably suggest this as a safe haven --the new flight to quality sector--and we'll see new highs:)
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