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Non-Tech : Dorsey Wright & Associates. Point and Figure -- Ignore unavailable to you. Want to Upgrade?

To: Tommy Dorsey who wrote (6765)	3/10/2000 1:10:00 PM
From: Tulvio Durand	Read Replies (1) \| Respond to of 9427

Tommy, I believe my question on the BPNYSE was not clear. So allow me to clarify. What I was suggesting, and what I wanted your opinion on, is that in a bifurcated tech vs, non-tech market that the Old Economy BPNYSE is no longer "the most important market indicator" -- that its only relevance to the tech-only investor is as a gage of how much money is coming out of the Old Economy (NYSE) and being funneled back into techs (NASDQ). This suggests that investors in the New Economy view a slumping BPNYSE as a net positive when in concert with a rising BPOTC. Before branding me a heretic, know that I am not totally convinced of the merit of the above theory, and that's why I would like your opinion. Tulvio