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Technology Stocks : Exodus Communications, Inc. (EXDS) -- Ignore unavailable to you. Want to Upgrade?

To: Doug Meetmer who wrote (932)	7/23/1999 12:03:00 AM
From: Pruguy	Respond to of 3664

good post,...but I don't like it

To: Doug Meetmer who wrote (932)	7/23/1999 7:50:00 AM
From: PhantomTrader	Read Replies (1) \| Respond to of 3664

You said.."they just happen to do it better than anyone else" I say, "you're right, that's what makes the stock a bargain!"

To: Doug Meetmer who wrote (932)	7/23/1999 11:26:00 AM
From: Ken Pomaranski	Read Replies (1) \| Respond to of 3664

<< but the point I was trying to make is that a stock that has appreciated six fold or so since the beginning of the year can easily drop 50% or more. >> Yes! That is absolutely true. Stocks that have had significant price appreciation over a short period of time are more susceptible to huge drops than a stock that has been basing for 2 years. My point is that this is due to greed / fear factors in the traders of a particular security and NOT at all related to the current P/E or P/S. kp