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Non-Tech : The Critical Investing Workshop -- Ignore unavailable to you. Want to Upgrade?

To: Venkie who wrote (14352)	4/17/2000 9:12:00 AM
From: Boplicity	Read Replies (2) \| Respond to of 35685

I live west of Chicago about 1.5 hours away in St. Charles , It used to be called the boonies, but it is now a burb, Dekalb, which even father out, is starting to look at as a burb. Greg

To: Venkie who wrote (14352)	4/17/2000 9:16:00 AM
From: William Hunt	Respond to of 35685

From briefing.com---Brace yourselves for an ugly morning, as investors are expected to return from the weekend prepared to sell... And as the Nasdaq heads toward 3000 panic will begin to set in (if it hasn't already)... Throw in margin calls and ongoing rate fears and the Nasdaq could fall to the 2900-2800 area before we begin to see any meaningful buying. If institutional buying resurfaces near this floor it could well mean that the recent bloodbath in techs was all about popping the speculative bubble which emerged during the Oct-Feb spike... It is always important during volatile times like these to step and look at the bigger picture... Despite all the pain inflicted over the past six weeks, if the selling stops in the 2800-2900 area, the Nasdaq's long-term bull trend will remain intact... And just as the DJIA rebounded smartly after the 1987 crash (which also served to erase a speculative bubble), the Nasdaq would be well positioned to do the same. In other words, investors should be preparing a list of stocks they want to own coming out of this gut-wrenching downturn, as the time to (re)enter the long-side is fast-approaching... We're not suggesting jumping in with both feet, as it will take time to heal the wounds of this sell-off, but there is finally value being created in many of today's/tomorrow's market leaders... Briefing.com expects stocks such as Cisco (CSCO 57), Oracle (ORCL 63 33/64), Network Appliance (NTAP 50 3/8), Applied Materials (AMAT 80 5/16), JDS/Uniphase (JDSU 79 5/8), Qualcomm (QCOM 105 3/16), etc. to pace the recovery.