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

To: el paradisio who wrote (6453)	4/15/2000 10:35:00 AM
From: el paradisio	Read Replies (2) \| Respond to of 11568

TO ALLSummary, observations and analysis. If someone made you rich,do not destroy him! I think that the bull market in the Tech started from MSFT and Windows software and was continued by internet revolution. Mostly the Tech bull, was during Clinton administration and it is the MSFT,who made that bull happen. Now Clinton government is trying to destroy,what made them so rich.If Clinton will not wake up NOW and will not save the Tech issue,the future of Gore and Clinton can be in jeopardy. TRIGGER,if you did follow my discussion with Chinton,you remember,I was pointing at so called "trigger". When Market is overvalued,any unsuitable factor can start that correction.In my view,trigger No.1 is Mrs Abbey Cohen. It is SHE,who stated in Oct 98 when NAZ corrected to 1500, that Tech issue is very undervalue and the average annual growth for Tech company is 30% year over year. A few weeks ago the same Mrs Cohen made a public statement that a Tech issue is overvalued and she is reducing her Tech exposure from 70% to 65%.This is the point, where everything has started. After that,we've got MSFT problems and this was another "drop" of the oil. The last drop was a CSCO......and that's how it started, A BIG sell off on Nasdaq,already 1700 points, 34% in 3 weeks. Message 13331680 Message 13334418 Message 13329696 Our WCOM has already corrected 30% before that correction and that is the reason,it was inactive during the first down days.Since we have already reach and exceeded 30%,our WCOM can slide further with the overall market. The last important issue is the difference between our "bubble" and Japan's bubble economy. Message 13420531 And as a final,my discussion about some technical indicators and possible future of Nasdaq. Message 13412725 I think,all provided to you information should cover the most important issues. Have a great weekend, el paradisio