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Technology Stocks : How high will Microsoft fly? -- Ignore unavailable to you. Want to Upgrade?

To: werefrog who wrote (30316)	10/1/1999 2:45:00 PM
From: limtex	Read Replies (1) \| Respond to of 74651

JH - What reason is there for anyone to be in stcoks at all at this point. There was some guy on CNBC earlier this week who said that there was not a single area of the market or stock to remain in. I thought he was exagurating a little or a lot at the time but now I don't. What reason is there to remain with one single share of stock as of now? Best regards, L

To: werefrog who wrote (30316)	10/1/1999 5:53:00 PM
From: t2	Read Replies (3) \| Respond to of 74651

James, I think we have hit the bottom in this market. If the selling was to stop around mid October---as it has happened in the past, why would some fund managers wait around til then to pick up bargains. I bet many of them have raised significant amount of cash already and are just in waiting mode. I thought the "crash" would be today simply because of those negative calls on PC stocks. It did not happen. The late day action tells me that there are just too many people ready to buy on dips. Too much cash = no crash. Now we can start moving up.