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

To: werefrog who wrote (44939)	5/18/2000 3:34:00 PM
From: johnd	Read Replies (2) \| Respond to of 74651

If it breaks 65 on the downside then we could be in trouble. CSCO has started to correct. But SUNW, ORCL are yet to. SUNW and ORCL could be 1/2 to 1/4 of what they are today before the correction gets over.

To: werefrog who wrote (44939)	5/18/2000 10:15:00 PM
From: Jacob Snyder	Read Replies (1) \| Respond to of 74651

re:When the fed announces it is going to lower interest rates will be the time to buy & hold By the time the Fed says that, the Nasdaq will be 40% above its lows. By the time the Fed says, "OK, we're through raising", the Nasdaq will be 20% above its lows. The Nasdaq, and the stocks you and johnd and I and everyone else are looking to buy, will bottom well before then, at the point of maximal despair and uncertainty. That will be when the Fed is still aggressively tightening, and there is still no sign yet of a slowing economy, and the inflation red flags are still waving furiously in the bull's face. Sometime this summer, is my best guess.