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

To: VFD who wrote (6444)	4/14/2000 5:37:00 PM
From: djia101362	Read Replies (2) \| Respond to of 11568

I think we've all had enough of this bloodbath. My theory has alwasys been that the stocks go up much higher than you think they can and they also go much lower than you think they can. We have seen both ends of the spectrum over the past few months. Unforturnately WCOM did not participate in the euphoria stage but it is now participating in the carnage stage. I have to believe that when this market does settle down and resume the uptrend, and I sure this market will trend up again just don't know when, WCOM will be a participant if not one of leaders leading this market back up. Right now there is no light at the end of the tunnel and after what we've witnessed this past week, it's easy to believe all of the headlines saying things are going to get worse. Just think back over the past few months how many times you heard analysts justifying the nosebleed P/Es in the net stocks but sure enough, the bubble has burst. Now we're at the complete other end of the cycle and the analysts are now calling for the end of the world. THE SELLING WILL END SOON ENOUGH. I doubt we'll see a meteoric rise in the Naz like we witnessed in December but my belief is that "old tech", companies with honest to goodness real earnings, will lead the way back. I'm looking at my screen today which tracks about 30 tech stocks and there are only two stocks w/ tiny little "L"s next to them signifying a new 52 wk low. IMO both stocks have been unfairly beaten and both stocks did not participate in the manic Naz explosion back in December. The first stock is our WCOM, the second is MSFT. I'm sure 6 mos. from now we will be laughing about this as WCOM will be well north of $50. Unfortunately right now many investors are dealing with margin calls that they never imagined could ever become a reality. The weekend could not have come soon enough. Let's hope next week brings back some rational thinking in this market.

To: VFD who wrote (6444)	4/14/2000 6:42:00 PM
From: el paradisio	Read Replies (2) \| Respond to of 11568

VFD,we can have 2 scenario on Monday: 1.Black Monday with my target on NAZ 2900 If that will happen,WCOM can go to 35, why?becase in crash like that nothing counts, no fundamentals,no earnings,no support lines but only EXIT. If that will happen,it will be a CONFIRMATION of a bear market,with a lot of volatility,DOW going from 11,000 to 9750(this is also my target) and the most logical play is buy bottoms,sell and short the tops. 2.Monday and the next week,we will get recovery on NAZ to around 3700 and this will be the last chance for exit before the next decline to my target of 2900. Remember,next week is an option expiration week, statically, a strong one. el paradisio