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Technology Stocks : Cisco Systems, Inc. (CSCO) -- Ignore unavailable to you. Want to Upgrade?

To: Ibexx who wrote (33308)	4/3/2000 7:17:00 PM
From: Techplayer	Respond to of 77400

Ibexx, I'm ready. let's go!! eom

To: Ibexx who wrote (33308)	4/4/2000 12:57:00 PM
From: Yogizuna	Respond to of 77400

Ouch! Yogizuuuuna!!!

To: Ibexx who wrote (33308)	4/4/2000 12:59:00 PM
From: Zoltan!	Read Replies (1) \| Respond to of 77400

SmartMoney: PaineWebber's Ed Kerschner, our No. 2-ranked pundit, says even a sharp correction on the Nasdaq would not signal an end to the bull market or the information revolution. 'The fundamentals for equity investing remain perfect,' he explains. We have a federal budget surplus, low inflation and consistent profit growth. Plus, as more baby boomers save for retirement they are shifting more of their money into the market. Kerschner isn't entirely bullish. He has been calling for a tech retreat for weeks - at least among some of the high-flying companies that remain untainted by anything so traditional as actual earnings. He calls these the 'new new industrials'. (He defines these as the 20 largest tech stocks on the Nasdaq that have been public less than five years and that don't have earnings.) He says these stocks could plunge another 50% and still be trading at ridiculous valuations. So where should investors put their money? Kerschner says the Nasdaq correction has created a buying opportunity among the 'old new industrials' - which is what he calls the 20 largest technology stocks on the S&P that have been publicly traded for at least five years and are either profitable or expected to post earnings soon. He says these companies offer high growth and some value - especially now that they've been knocked down. He is recommending familiar names like Microsoft (MSFT), Lucent (LU) and Cisco (CSCO). interactive.wsj.com