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Technology Stocks : FSII - The Worst is Over?

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To: Alan Gallaspy who wrote (2217)9/7/1998 2:39:00 PM
From: Kent Sarikaya   of 2754
 
Great posts guys. Joe great articles as always and Don incredible data. I think it make sense that when something is so devalued money is going to flow into it. Small caps are almost turning into black holes. The industry has been in a decline and down for a very long time. They can't keep pushing back the cycle forever.

The only flaw is that the small caps don't offer the liquidity that today's markets seem to want. I think once we start moving and prices start shooting up, that will overcome this liquidity fears. Just like the internet stocks overcame investors fears of investing in hype and not fundamentals.

Allen I don't think money is going to flow from Wal-Mart and Coke, but from other goups mainly companies that the prices are way beyond what the fundamentals would indicate. Companies with high price to sales ratios etc.
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