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Strategies & Market Trends : Cents and Sensibility - Kimberly and Friends' Consortium -- Ignore unavailable to you. Want to Upgrade?


To: puborectalis who wrote (97243)4/15/2000 3:33:00 PM
From: puborectalis  Read Replies (1) | Respond to of 108040
 
I just poured over the carnage on the Nasdaq...if you exclude the SUNW,ORCL,and
INTC's you have defoliation of all the rest of the stocks...I lived through the crash of '87
and the Crash this week plus the 3 weeks preceding it is the worst I've ever seen in my
life.Companies like CTXS,SCMRwich are not "Net" stocks but the backbone of
computing and optical telcom have been decimated.The little investor(as I saw a
multitude of 100 share trades on the Datek this week)have cashed in their chips
probably never to return.The Old-guard investors were jealous of the youngsters making
a lot of money and went out of their way to create an atmosphere of fear and anxiety.