To: Kona who wrote (30937 ) 3/20/2000 1:21:00 AM From: IQBAL LATIF Read Replies (2) | Respond to
KOna on catching up of the move I think it was little different this time, we got out of hi fliers maintained a minimum and bought the valuation stocks nearly at the bottom.. now I hope that we take the old high on SPM 1522 area and close above 10500 few times to go through DOW 11800.. I think we will see good companies make an impact within Comp and sotry based spin doctored companies to yield to some good stories in DOW and within Comp, like we had that winners takes it all strategy now it is going to be the 'winners cup finale' on one hand where your IBM MSFT INTC DELL( Cher of Multex calls this one a bust.. too much competition in PC environment) CSCO come in to play not forgetting TXN may be JDSU CMRC ARBA and the earnings machines trading at low multiples, I smell a big take over battle season from new billionaieres, after all the new econopmy billionaires have to park their wealth into something tangibles like AOL taking over twx(merger OF EQUALS is just TOO polite a word for egos of TWX guys I suppose) more of these things will be seen the money burning holes through new economy leaders will give some good returns to valuation stories, just a wild thought..
