FSII - The Worst is Over? Message Board

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Technology Stocks : FSII - The Worst is Over?

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To: Kent Sarikaya who wrote (2066)	7/7/1998 8:36:00 AM
From: Joe Dancy	of 2754

It is hard for me to believe that these are individuals and not institutional cowboys running these internet stocks Kent. From today's Post: Analysts were at a loss to explain why so many investors -- most of them likely individuals -- would speculate so ardently on companies that often have no history and little revenue. But they predicted the spell will continue until investors again begin relying on financial fundamentals to guide them. "This has to be one of the bigger feeding frenzies I've seen," said James Townsend, chairman and portfolio strategist at SoundView Financial Group, which specializes in high-technology issues. washingtonpost.com Joe

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