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Pastimes : Clown-Free Zone... sorry, no clowns allowed -- Ignore unavailable to you. Want to Upgrade?

To: AllansAlias who wrote (390)6/22/2000 10:21:00 PM
From: Archie Meeties  Read Replies (3) | Respond to of 436258
 
I think this tech mania has a few good years left in it.

I don't. I think we'll be due for another round of clown distribution within a few months. The next targets will be big cap tech. Most of them just as overvalued now than when we had that little "correction" back in Apr. At some point the market will begin to understand their sensitivity to slowing gdp growth.



To: AllansAlias who wrote (390)6/22/2000 11:27:00 PM
From: Les H  Respond to of 436258
 
The tech mania seems to be getting narrower. The bounce in the internets has failed to recover much of the ground lost. Most of the stocks are at or below 50 percent of their 52-week highs. About the only subgroup doing well is the Security area with AXNT, CHKP, CYLK, ENTU, ISSX, RNBO, RSAS, SNWL, and TMIC. I still think the internets may get a lot of promotion by analysts in the Fall for the Xmas e-tail season.


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