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Strategies & Market Trends : Value Investing -- Ignore unavailable to you. Want to Upgrade?


To: James Clarke who wrote (10363)4/17/2000 7:39:00 AM
From: Robert T. Quasius  Respond to of 78519
 
I have some dream stocks too. A friend of mine from Lucent predicts Juniper Networks (JNPR) will be the next CSCO. However, looking at the valuation it is still too expensive for my tastes. Maybe with a drop of another 30% it will look attractive.

The tech stocks have a long way to fall yet. Today will be bloody indeed. I wouldn't be surprised to see the NASDAQ fall another 10%+ today. The momentum players have abandoned ship, and today a lot of margin calls will need to be met.