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

To: Smart_Money who wrote (97330)	4/16/2000 12:53:00 AM
From: John F.	Read Replies (1) \| Respond to of 108040

Thanks for the link SM. Good find. Nice documentation of how we got here. I will add one item that he failed to mention which contributed to the speculative bubble: The target prices set on stocks by many analysts were, in many cases, in retrospect, too high. Here is a link to a good article on valuations some here may not have seen: P/Es of Cisco, Others Lead To Stretching of Yardsticks Message 13404773

To: Smart_Money who wrote (97330)	4/16/2000 10:28:00 AM
From: JoF	Respond to of 108040

Smart Money, thanks for the link to the post on Raging Bull. It helps put the drop in the Naz in perspective and confirms some of my own thoughts concerning what has happened. Funny, or not so funny, CMGI is one of my core holdings in an IRA account, along with DCLK...both have been waking me up in the middle of the night for the last 2 nights, wondering if I should dump them both and buy back later? Then, I ask myself, why sell now? And, I have no real answer except I cannot bear, (no pun intended), to watch them dwindle down any more and just how low will they go? bugs me, big time There are so many cheap jewels out there right now that I feel may get a lot cheaper. I just hate for my jewels to drop so much! It hurts to watch. No, pun intended there either. ;) Jo