America On-Line (AOL) Message Board

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Technology Stocks : America On-Line (AOL)

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To: Steve Robinett who wrote (4812)	2/10/1999 1:36:00 PM
From: RocketMan	Read Replies (1) of 41369

I don't know if that is what he truly believes, or just what he is saying in public given the current market. Remember, these analysts do not usually go outside the current dogma, which right now is to bring techs down to give the oil and other under-performing sectors a chance to recover. Good luck, as I said yesterday you can jawbone a sector down, but you can not bring others up that way. What they have done is to bring those other sectors down even more, and the Russel 2000 is downright drowning. With this "tech correction," you can forget small caps and value plays for the rest of the year, IMO. Anyway, what he misses is (1) internet time, and (2) with margins of 50% the stock price will be the least of our worries.

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