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Technology Stocks : DoubleClick Inc (DCLK) -- Ignore unavailable to you. Want to Upgrade?


To: Sanjay Varma who wrote (2545)8/5/1999 6:23:00 AM
From: Doug Meetmer  Read Replies (2) | Respond to of 2902
 
The scary thing is that last year the NASDAQ corrected about 20-25%, and we are now only at 10%. Means still may have a long way to go. The other thing is that the correction is largely due to internet stocks and not the bellweather stocks like INTC, MSFT, CSCO. Can you imagine how far the net stocks will fall if the real companies correct? FUGGEDABOUTIT!

I think that there is no rush to buy now. I think that DCLK could easily fall another 10-20 points from here, buy who really knows. I am taking a bath on all of the Wit Capital IPOs and I have learned my lesson for the time being.



To: Sanjay Varma who wrote (2545)8/5/1999 10:39:00 PM
From: RDR  Read Replies (1) | Respond to of 2902
 
We will should see some action as early as tomorrow and the following week with PPI and CPI reports out. Just watching for now...don't forget DCLK still has to absorb the TWO mergers and demonstrate a quick turnaround.

Interesting to note this evening on CNBC everybody they talked to has revised the employment numbers upwards and warned that there could be an upside surprise. Any thoughts / comments ??

Regards,