Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : Tekelec -- Ignore unavailable to you. Want to Upgrade?

To: lml who wrote (1424)	4/4/2000 11:46:00 AM
From: John Curtis	Respond to of 1648

LWL: This "irrational selling" is the inverse of the "irrational buying" the NAZ experience from the beginning of the year until the middle of last week. Bottom line? IMHO we're in full correction mode, with everything getting thrown out of the window. As such there is no such thing as sense(just as there wasn't any on the buying side there for awhile). This also means such as TKLC will trade with little sense or reason, just all emotion and reaction. Welcome to stormy seas.. John~

To: lml who wrote (1424)	4/4/2000 11:49:00 AM
From: Andre Daedone	Read Replies (1) \| Respond to of 1648

Investors on margin have exploded since last NOV according to news reports, analysts, and Greenspan's testimonies. I have spoke with many people through these type boards on Yahoo, The Fool, Raging Bull Clearstation etc.. and there are a lot of investors getting hurt badly right now. I read an article last night on The Street stating margin calls were up considerably since the Nasdaq dump yesterday. I believe the margin calls today should just about put everyone that was on margin in the poor house for awhile and the NASDAQ should recover because I believe the bottom for this correction is in the 4100 range. We will see if I am right in a few days. Andre

To: lml who wrote (1424)	4/4/2000 1:35:00 PM
From: WTSherman	Read Replies (2) \| Respond to of 1648

lml, I don't know that the "blue chip high techs" aren't any more ridiculously valued than dot.com's. Look at the valuations that CSCO and ORCL were at. For such large co's to have such huge PE's(when they're doing well, no less) is absurd. I think these kinds of stocks were much more overvalued than a company like TKLC that really can continue to grow at high rates. If CSCO were able to grow at 40% a year for 5 years and its share price matched that growth its market cap would reach almost $3 Trillion!!!!