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

To: djia101362 who wrote (17029)	4/30/2000 11:21:00 AM
From: Jim Willie CB	Read Replies (2) \| Respond to of 35685

here is my take on the retail investor and tech stocks inexperienced retail investors are precisely the ones who purchase Cisco, Intel, SunMicro, etc... they probably couldnt tell you a single product sold by those firms, nor could delineate their specialty in the tech world... some I talk to werent aware that Cisco sells networking equipmt (thought it was internet stuff) I still maintain that these small relief rallies will be cut off, but repeated several times, until the base support foundation has been built... eventually the institutions (mutual funds, pensions) will participate, but only when the climate is more clear, Fed hikes appear on the wane, and a bottom is more evident the first wave in a recovery is with big "safe" names after stability returns and takes root, second level names take over Qualcomm is somewhere between first level and second level institutions will step in to buy, but not at the most risky and most profitable points in time / Jim