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Technology Stocks : Discuss Year 2000 Issues -- Ignore unavailable to you. Want to Upgrade?


To: C.K. Houston who wrote (8802)9/25/1999 2:06:00 PM
From: flatsville  Respond to of 9818
 
Cheryl--

I had a very similar conversation with a director of a small, privately held securities firm this week. At my first interview last week I expressed reservations re: embarking on a securities related career at this time. (They called me.) At my second interview just this Thurs. I pulled some charts and a few articles and took them in with me. We talked technicals, internals, market correction, y2k etc...He didn't get it, didn't want to get it...In fact he didn't much pay attention to anything I said until I called his attention to the fact that NYSE members have been net sellers for the past several weeks. Then he got a little more interested.

I expressed general concerns about the "technology sector" going forward. I gave him a brief overview of what I knew about publically available remediation surveys/rates, global and domestic. I told him I take Yardeni seriously. As the discussion continued got red-faced. Essentially told me I was wrong, wrong, wrong, to be concerned about any of it all. First employment related interview I've had that wound up in an argument.

After two hours of this nonsense I attempted to close the discussion on a positive note, gather up my papers and leave. He grabbed the them back and said he wanted to study them and show them around. He mumbled something about being heavily invested in tech stocks. <ggg>

I told him I'd fill out the paperwork, hold it and I would revisit them at the end of January. I also reminded him that they had called me. (It was bar none the weirdest interview I've ever had.)

When I left home for the second interview the NAZ was down -30 or so points. At then end of the day it was down -108.

He wants me back this coming Tues. evening to meet with some other people. This market better bounce a little or I have a feeling they'll shoot me if decide to walk in the door.