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Technology Stocks : All About Sun Microsystems -- Ignore unavailable to you. Want to Upgrade?

To: Charles Tutt who wrote (36704)	10/18/2000 11:45:53 AM
From: Jean M. Gauthier	Respond to of 64865

Agreed on all counts I think it is a "sea-change" in investor perceptions, whereas easy money bubbles, a la biotech in the 80's & inuts in the 90's, will change the market. I had receptionists at work and waitresses at my breakfast place talking about small-cap tech stocks and "flipping" them for profits in march... not many more of those are left. It is a massive cleansing of the system, where the good stocks are being savaged along with the bad. I expect the Nazz to be at 2800-3200 close for the year, with some outperformers in there like sun , emc & maybe, maybe cisco. This year broke all the rules, with a selloff in march, a summer rally and NO uptrend seasonal in the 4Q. Time to hunker down, buy a bit, and reduce debt & expenses Take care Jean