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To: re3 who wrote (49266)2/17/2000 5:07:00 PM
From: Bobby Yellin  Read Replies (1) | Respond to of 116752
 
how in the world do you see 600 on nasdaq? just curious?
with the new wealth of so many companies..with a huge correction wouldn't there just be tons of buyouts? I am seeing so many tech
companies that analysts aren't following yet that will be easy five
baggers..



To: re3 who wrote (49266)2/17/2000 9:20:00 PM
From: Rarebird  Read Replies (2) | Respond to of 116752
 
< It's the price of equities related to the info age that are in question>
That question is being resolved by the financial markets as we speak. Obviously, it is not being resolved in accordance with your preconceptions. The stock market, like Life, moves to the beat of its own drum. I don't believe in fighting the tape. All I know is that plenty of wealth is being created and I have no intention of letting old-fashioned stock market bearish dogma stand in the way.
The bottom line is that the stock market is creating its own unique set of values as we speak and it is gone beyond any historical precedent.
Focusing on Fundamentals could place one in the poor house.



To: re3 who wrote (49266)2/18/2000 7:17:00 AM
From: long-gone  Respond to of 116752
 
<<a 99 % contraction in share prices is ridiculous. however i can see 4k on the dow and 600 on the nasdaq...>>

OK, we will have to wait & see, BUT does anyone deny that when even the Internet industry hates the idea of "Government Help & Protection", any added restriction, Any added fees, costs, or taxation could KILL some? Many will get devalued badly & perhaps 90% would have been a better bet than 99%, BUT
quote.yahoo.com