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Non-Tech : Berkeley Technology Limited (BLKYY) -- Ignore unavailable to you. Want to Upgrade?

To: AmericanVoter who wrote (196)	3/14/2000 7:42:00 PM
From: J. Conley	Read Replies (2) \| Respond to of 955

Amein, Well I wouldn't go so far to say it is completely immune, but I am not at all concerned about a little sell off today. In fact, the percentage down is dependent on what you had for the close. If you check Yahoo! quotes, e.g., you will see LDP was today UP 1 «. The specialist is screwing around with the close, they did it yesterday with the 128 (on some services), they did it today, they did it a few weeks ago with that bizarre after hours trade of 79. I'm not sure why this is happening, but it gives the appearance of an attempt to make it look the next day like the stock is trading down, and weak, when normal trading resumes. We've got the split, SABA, and NUFO coming very soon, and there might be even more news soon that we don't yet know. Management may be splitting now perhaps because they've got more news. Otherwise, why not just let the stock stabilize at this higher level a while before splitting. My two cents on the general market is that the more quickly you understand that this bull market is being driven in large part by Main Street, and not necessarily Wall Street, the better off you will be. In general, retail investors want technology stocks for various, I believe quite valid, reasons. A primary one is, duh, they literally are seeing technology change their lives, the lives of everyone else they know, and the businesses for which they work. And they know it is not going to stop, but in fact is likely to accelerate. They know people and businesses will become even greater users and more dependent on technology than they are now. I am simplifying this, but to them the rest of the stuff, the bulls, the bears, the technicians, blah blah blah, is just that, noise. The typical person who buys a tech mutual fund isn't going to sell even if the market corrects and their fund drops say 25 or 30%, they will likely buy more, they have seen it and done it before. It's in large part the baby boom generation passing through their most productive and lucrative years, and I've got news, it isn't stopping even if the market corrects in the short term. Also, I think that earnings for the first quarter will generally be very good for tech stocks. Doesn't mean we won't have dips, for there is a lot of nervousness, but sometimes the wall of worry is the ideal environment. Of course, my opinions only, and you probably don't particularly care to hear them, but time will tell.