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Technology Stocks : How high will Microsoft fly? -- Ignore unavailable to you. Want to Upgrade?

To: lawdog who wrote (41830)	4/12/2000 11:20:00 AM
From: Valley Girl	Read Replies (1) \| Respond to of 74651

To me the orderly nature of this decline suggests that the selling is motivated by rational thought processes rather than by panic. Perhaps that's scarier? If it indeed signals a return to realistic valuations then CSCO, SUNW, etc. are going to be cut in half from current levels - they've doubled in the past 6 months with no real news. Still, I won't believe we've seen the end until the dot-coms get cut by factors ranging from 10-100 fold, which hasn't happened yet. FWIW the tech boys tell me the Nas should bottom in the 3200-3500 range.