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Pastimes : All Clowns Must Be Destroyed -- Ignore unavailable to you. Want to Upgrade?

To: Joan Osland Graffius who wrote (40441)	6/19/2000 9:02:00 AM
From: pater tenebrarum	Respond to of 42523

Joan, while i don't think energy stocks will make as dramatic a comeback as to go back to their 30% S&P weighting, it is pretty certain imo that the weighting of tech will return to a more realistic level. 5,7% of GDP are now over 30% of the SPX....in other words, decades of growth have been priced in. nirvana and utopia have been priced in in fact. the pimps are out in force btw, pushing - what else - semiconductor stocks. De Niles/Intel, and a few are coming out 'defending' TER. these lame-brains are CERTAIN to miss the top of the cycle...they will cost shareholders a lot of money...