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Gold/Mining/Energy : TS TELECOM (www.tstelecom.com): ASPIRING TELECO -- Ignore unavailable to you. Want to Upgrade?

To: Ciao who wrote (1492)	3/31/2000 1:23:00 AM
From: trilobyte	Read Replies (1) \| Respond to of 1762

panic selling indeed!!! but for what it's worth, I think it's over... My reasoning is as follows: the biggest threats of inflation came from 1) high oil prices and 2) high stock market valuations. Otherwise there is no reason for Greenspan to raise interest rates. In both cases, we have had a serious drop. So normally, the market should've reacted positively in the last few days... but it hasn't... why? because alot of the big houses on Wall Street miscalculated how high some of the high tech stocks would go. They don't have much time to act to get back in at what they consider reasonable prices because 1) market will warm up to the fading threat of inflation and 2) earning season is around the corner and in my opinion it will be a dandy for anything closely related to internet/silicon. So out come the gurus (Cohen, Mobius, and a few others) all clamoring that you better jump into retail stocks before the bottom falls out of the nasdaq. They succeed! We have our bi-annual sell-off on the nasdaq (now down about 13% from its high), bio-techs been absolutely trashed, etc. etc. On the instant they look like geniuses but for the long term they are useless to the small investor who's only solution is to wheather out the storm... and I think this one is nearing an end! but I'm starting to rant. as for TOM, congrats if you sold higher and can now buy back lower. I'm just content in waiting for the day this stock takes off for real... Trilobyte