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To: FR1 who wrote (434)	4/14/2000 6:25:00 PM
From: DiB	Read Replies (1) \| Respond to of 1805

Good points, Franz. I believe Monday morning and early afternoon will be the opportunity to get filthy rich that has not presented itself since the Fall of 1998.

To: FR1 who wrote (434)	4/14/2000 8:00:00 PM
From: Sweet Ol	Read Replies (1) \| Respond to of 1805

I think you need to think about the possibility that we are in the first phase of a significant bull market. In truth, most stocks have been horribly overvalued. No one would buy my business for those kind of multiples, and yet I consistently have >30% net profits. It is time to reflect on whether or not we have witnessed the bursting of a massive bubble in stock valuations. If this is true, there is still a lot of pain out there yet to be inflicted on us. I know you are going to say this old goat "doesn't get it", but take some time to consider these issues carefully. Remember the old saw; "the Bulls make money, the Bears make money, but the pigs get slaughtered." IMHO there will be plenty of time to get back into the market after a bottom has been established. I've been watching the market for over forty years and I have never seen it go up as fast as it goes down, except for short term blips. But, different opinions are why we have markets. Best to all! JRH

To: FR1 who wrote (434)	4/15/2000 1:56:00 AM
From: Don Miller	Respond to of 1805

Franz, Some great logic, if you don't mind I will post a copy over on Yahoo.

To: FR1 who wrote (434)	4/15/2000 10:09:00 AM
From: SJS	Read Replies (2) \| Respond to of 1805

Franz, One comment to a pretty solid analysis. Typically, stocks and markets move with catalysts. You know: earnings, economic numbers, specific corporate events. While there are always these in the background, there are very few positive catalysts working after earnings to keep up stocks. The economic climate is growth, but the brakes are being applied, so that doesn't help. Valuations were very stretched, and there was little new "massive" money, so there is no more fuel to keep the pot at a rapid boil. Your analysis may be good at picking the right time, but sentiment and this drop will mitigate that. I don't expect a "V" bottom on this. I expect a sawtooth bottom...for a while. It will be re-tested many times before we re-ascend. Confidence is the most important thing to rebuild. Once that returns, the money is there to propel us back up. Steve