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Strategies & Market Trends : Cents and Sensibility - Kimberly and Friends' Consortium -- Ignore unavailable to you. Want to Upgrade?


To: SKARLOEY who wrote (90576)3/30/2000 11:31:00 AM
From: Rick Buskey  Respond to of 108040
 
Mobius--I get a kick out of that clown---invests in Foreign stocks--he is mad because his 10 yr. record sucks,so he tries to trash the U.S. market----surprised people even listen to him.I am also surprised that he can even spell INTERNET.

We all know not to buy the "Garbage" internets---but there are some really great comp. out there--might be a little expensive,but still great comp.--ala VIGN,CMRC,CMGI,etc.all.I am long and strong these,and will continue to add on dips.
Look at all the money that flowed into Mutual funds in Jan. and Feb.---only a matter of time before the mutual fund. comp. HAVE to put that money to work.I know if I am sending my money into a Tech. fund--that manager better be buying tech stocks--not holding cash.

Just my quick thoughts-sitting here frustrated like all of you.Ready to turn off my comp. and come back later.



To: SKARLOEY who wrote (90576)3/30/2000 11:36:00 AM
From: If only I'd held  Read Replies (1) | Respond to of 108040
 
And they can be manipulated real real easy.



To: SKARLOEY who wrote (90576)3/30/2000 11:47:00 AM
From: Michael Young  Read Replies (1) | Respond to of 108040
 
<<valuations if mark mobius right about nets and bear market on horizon , small tech will have it's day ,since they really have not yet and valuations are cheap in relation to large tech...
>>

If Mobius is right - which is doubtful given his track record - the speculative stuff like CDTS, SCON, etc will drop another 50-70% from these levels. They aren't "value" in any sense of the word.

Again, why would funds go into that stuff when they can get the leaders at a big discount to recent highs?

MIKE