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Strategies & Market Trends : The New Economy and its Winners -- Ignore unavailable to you. Want to Upgrade?

To: Glenn D. Rudolph who wrote (1984)	10/9/2000 2:14:01 AM
From: fedhead	Read Replies (1) \| Respond to of 57684

The market may be oversold but we could still go lower. All tech stocks still have high valuations and anything that causes those earnings into question from a slowing economy to a slowdown in telecom spending will result in the market revaluing these stocks. I believe that is exactly what is happening now. Hopefully we are close to a bottom. I am looking at CSCO. Its critical that CSCO holds above the spring lows. For people who have experienced bear markets like the 74 market, how does this compare ? Thanks Anindo