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To: Crimson Ghost who wrote (60164)	2/11/2000 1:18:00 PM
From: Pete Young	Respond to of 95453

BTW, did you know that Warren Buffet's Berkshire Hathaway has dropped over 40% from its peak? Buffet is a value player and value stocks have gotten creamed as the tech bubble soars ever higher. Yes, and while Warren's portfolio sank 40%, you can add on the opportunity cost of not holding some of those crazy techs that increased hundreds of percent. We all hope that oil will bounce on a tech correction (that's why sensible people hold a bit of both)...but keep in mind if it's too much of a correction, energy demand will be negatively effected. Busted Yuppies don't go on vacation.

To: Crimson Ghost who wrote (60164)	2/12/2000 2:47:00 PM
From: Gary Burton	Read Replies (1) \| Respond to of 95453

George---My 2c is that when tech bubble finally bursts (ie a major correction), near its lows everyone will pile back into tech thinking it will make a new high again--only if and when such retrace rally fails will the tech bubble be put to bed---too many tech lovers waiting on the sidelines for a major correction in tech in order to plow back in----value plays may have to wait for the ensuing tech rally to fail--only then will they get nervous