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Politics : Formerly About Advanced Micro Devices -- Ignore unavailable to you. Want to Upgrade?

To: Y. Samuel Arai who wrote (105178)	4/13/2000 6:25:00 PM
From: tejek	Read Replies (1) \| Respond to of 1572711

If that fails, then the next stop is 3000. If that fails, 2700. He said the Nasdaq closing near day's low is a bearish sign. Y What's interesting is that another analyst said that its better we are inching our way to 3650 rather than falliing precipitously. His contention is that if we fell hard, we would not stop at 3650. Go figure! BTW I think this whole correction is getting overblown; that the economy is very sound; that many tech companies are coming in with very good earnings. In fact this AM I read that the average P/E for the S&P 500 has dropped in the past year because earnings growth has outstripped stock price growth. ted