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Technology Stocks : PairGain Technologies -- Ignore unavailable to you. Want to Upgrade?


To: Larry J. who wrote (35290)12/27/1999 6:53:00 PM
From: john p. carney  Read Replies (2) | Respond to of 36349
 
My portfolio took a nice smack the past couple days too, Larry. And let me say, I'm kinda surprised.

I look at stocks like Qualcomm, JDSU, YHOO and others and think what a sick, f'd up market this is. It looks like people are just THROWING money at these companys. Can their earnings even 10 years from now justify these prices? Or should I just change my methods. Should I stop doing ANY research whatsoever, stop reading those nasty 10Ks and just throw my money at the fastest moving things out there? I'm being serious here, I know people who are doing just that and their performance is BLOWING ME OUT OF THE WATER. 1999 is, in my mind "The Year of the Sheep" If 2000 is anything like it, I will sell all my stocks in December 2000 and put the funds in a Tech mutual fund.

John