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Technology Stocks : How high will Microsoft fly? -- Ignore unavailable to you. Want to Upgrade?


To: Yaacov who wrote (44680)5/11/2000 6:11:00 AM
From: John F. Dowd  Read Replies (3) | Respond to of 74651
 
Yaacov: This guy has been very mercurial since he has been on this board. Although he means well like most yuppies he cannot accept the fact that sometimes we are wrong in our estimations of what the market is going to do. Myself I am surprised that we are here but I guess when I consider all the irrational comments made on this board that we could not discount the markets current behavior. At one time the infonut stocks could just report a mild loss and the stocks would soar now solid companies report the tripling of profits and the doubling of new orders and the stocks get punished. Thus we find the likes of AMAT MSFT INTC CSCO MOT etc getting hammered. Had I had the prescience to see how far down this market would go and how it would suck good stocks down with it I would have waited a little longer before reloading after the last round of toilet flushes. But unlike johnd we can't expect to hit the tops and the bottoms each time we go in and out of the market. JFD