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To: stockman_scott who wrote (12475)4/12/2000 6:25:00 PM
From: mrs goldberg  Respond to of 35685
 
<I don't expect tremendous participation [in a rally] in the mid- to small-cap Internet stocks that at some point will be fighting for survivability," said
Barry Hyman, chief market strategist at Ehrenkrantz King Nussbaum>

Hell the way the market is going they are all going to be small cap stocks in a couple more days!

Coonaz



To: stockman_scott who wrote (12475)4/12/2000 6:41:00 PM
From: Jenne  Respond to of 35685
 
Forget Hope -- Where's the Beef?
By James J. Cramer

4/12/00 5:55 PM ET


Some of you have to stop "hoping."

The market doesn't work like that. If we get good news from companies in tech, we could get a turn in tech, but we aren't just going to go up in a vacuum. We are in a market where the last piece of news was a potential revenue shortfall from Microsoft (MSFT:Nasdaq - news - boards). This right on top of a bad miss by Motorola (MOT:NYSE - news - boards).

That one-two combo was a knock-out for many funds trying to play in old tech. Unless they were owners of the banks and the drugs and the foods -- highly unlikely if you look at the portfolios of tech funds everyday in IBD as I do -- they will be faced with lots of uncertainty until better data points arrive.

We are listening to Altera (ALTR:Nasdaq - news - boards) and AMD (AMD:NYSE - news - boards) and both are terrific. And Altera got double indemnity -- it was added to the S&P. But I don't know if A&A can turn things around.

Believe me, though, something has to turn it around. It is a moving object and unless it bumps up against a wall of good earnings, it will keep rolling downhill.

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