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Politics : Idea Of The Day -- Ignore unavailable to you. Want to Upgrade?

To: Jerry Olson who wrote (31205)	4/15/2000 12:13:00 AM
From: TWICK	Read Replies (1) \| Respond to of 50167

OK, I know things look pretty bad in many's 401K and investment funds (Sh$t, you should see how much I lost this week. ROFL. No seriously. I'm actually crying. LOL !!), but you have to step back in awe and look at what we have experienced these past two years. Wow !! I'll have stories to tell my grandchildren 30 years from now. The rise and fall of the Nasdaq. The Internet gold rush. Mass speculation on dot.coms with no earnings or sound business plans. Calling bottoms every day, only to wake up the next day and see the markets tank. Buying NSOL at 30 in 1998 and watching it go to 400 in a matter of weeks in 1999. Buying ATML at 53 and watch it go to 39 in a matter of days. lol !! Twick

To: Jerry Olson who wrote (31205)	4/15/2000 7:38:00 PM
From: country boy	Respond to of 50167

Hi everyone: I've enjoyed reading this thread for a few weeks and I think you have valuable insights into the overall markets. I hope to give some lame comments from time to time. I primarily trade options on semi's; which has obviously worked well for a year and I see no reason despite the recent carnage that it can't continue to be profitable. The only thing I can see that may stop the bleeding in the Naz is earnings, especially this week. If INTC et.al. can't pull us out, what can? The Naz did get ahead of itself, no doubt; but now we're seeing good companies with real and outstanding earnings being thrown out indiscriminately. Look at AMD's close on Frid. after reporting it's best quarter ever; in one sense, that shows that earnings don't matter at the moment. However, once things calm down (they will, won't they?) the focus should return to earnings and that's where the semi's should shine. I've taken some tentative positions in CY and IDTI and LSI. I'm looking to add Monday AMD, INTC, XLNX, ALTR and others; mostly May calls, but a few leaps as well. In looking at the charts, semi's that got way ahead of themselves have been cooked and creamed: LSI, PMCS. Others like CY and IDTI, while off 15-25% from their highs, have uptrend still intact, although barely. That's where most of my focus will be, that is, those semi's that have weathered this correction the best, as well as the big caps where the money will go first when things turn for good: INTC. Best to all, cb

To: Jerry Olson who wrote (31205)	4/16/2000 1:54:00 PM
From: James Strauss	Read Replies (1) \| Respond to of 50167

The Market... *************** Reflections on Friday: "What the hell was that!!!" : > Thoughts to invest by: Here is a paraphrased quote from a man who is considered to be one of the fathers of the Mutual Fund industry, and one of the greatest fund managers of all time: "I always made the most money when I bought at the point of maximum pessimism." -Sir John Templeton (paraphrased) *********************************** We may test the 2700 to 2900 area on the Nasdaq... If that doesn't produce enough pessimism, then 2200 surely will... In the meantime, companies like YHOO, CSCO, JDSU, ICGE, CMGI, ARBA, can be averaged into for doubles in the next 6 months... Jim