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Technology Stocks : copper mountain CMTN -- Ignore unavailable to you. Want to Upgrade?

To: Probart who wrote (1049)	10/12/2000 10:34:41 PM
From: Pruguy	Respond to of 1226

Thanks, I needed that

To: Probart who wrote (1049)	10/13/2000 7:57:11 AM
From: Rarebird	Read Replies (2) \| Respond to of 1226

<Where have all the Bulls Gone?> Right now the market can’t think straight and fear is rampant. Investors were so used to the good times of robust corporate earnings that it clouded their perspective of future prospects. This led I think to estimates of future earnings that were not realistic and investor greed pushed valuations to extremes. Now we have an economy that is cooling to a more moderate pace. The funny thing is that on a historical basis the current level of economic activity looks wonderful. But compared to the rampant expansion over the last several years it looks like a let down. So, from these modest disappointments fear starts to rear its ugly head. And fear acts as a filter for our senses whereby it seeks out and usually finds more bad news to aid in our glass is half empty view of the world (Intel, Apple, Dell, Xerox, Home Depot etc). Just when things seem there bleakest is when the pendulum hits the fear apex and starts swinging back towards greed. To make a Long story short, things will get better. And I would not be surprised to see a virtual repeat of last years activity whereby the market started to rise at the end of October and did not look back through the end of the year (actually it kept going til the middle of March 2000). However, this time around I look for broader market participation and hope that speculative issues will be held in check by a more rational view of their prospects. So smile…better days are ahead :)

To: Probart who wrote (1049)	10/13/2000 10:00:15 PM
From: P314159d	Respond to of 1226

Pro, this sounds like an Auric stress test. I will be a modest bull, for earnings. I can't believe at 30, CMTN can collapse any worse! So I started today at 29.25 and 29.75. Looking like a double bottom to me with a 39 target. Good chance to reach back to upper 40s to lower 50s with good report. I think, this was a huge FU to the DSL world! this qtr is the low. DSL Earnings potential is absurdly higher than most tech right now. I might be wrong, but buying 4 times more Copper today versus last qtr seems logical given the eps. I don't think it goes lower. Maybe some rookies in this selloff can't see the difference, but I see the value and growth here. I dare say you, Bong, Rare, et al are not "rookies". You saw value much higher (rightfully so)and I contend that it gets there quite soon. I am usually too early to the parade, but this time I waited much longer. I got a lucky buy point. I expect to own much more CMTN this time around than last year.