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To: chowder who wrote (76472)10/16/2000 11:20:06 PM
From: RWS  Read Replies (2) | Respond to of 95453
 
This is an interesting TA site with a bullish read on the OSX chart today.

home.att.net

Regards,

RWS



To: chowder who wrote (76472)10/17/2000 12:27:53 AM
From: kodiak_bull  Read Replies (1) | Respond to of 95453
 
OT/Tech/Dabum,

You should change your name to Dagenius.

<<In my opinion, we'll see the bottom at the inflection point where the value investors find the techs attractive and worth full positions. It may take a few months, but I think we'll see it.>>

Yes, sir. Brilliantly put. The next cadre of purchasers for high tech stocks will not be the growth/new paradigm types (who will be sans cash, sacre bleu!) but value types trying to buy at bargain p/e's. AAPL is now at 10, XRX is at 11--how long before INTC has a p/e of 16 or 17? Some tech folks might say "never," but I'd bet you they're the same ones who might have said INTC should never have a p/e below 40 (today it's 26 and falling). When the voracious wolves who hang out here in oil land start clicking the mouse on fallen techs as value stocks, then tech will rise again. How low, then, will JDSU and JNPR have to fall?

The time to buy is when the tech myth is finally and fatally punctured. JMHO, as per always.