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Strategies & Market Trends : Bob Brinker: Market Savant & Radio Host -- Ignore unavailable to you. Want to Upgrade?


To: Mr. BSL who wrote (10503)10/21/2000 10:31:10 AM
From: Alan Whirlwind  Respond to of 42834
 
Maybe he's like Al Gore and doesn't know who he is.

Have you noticed the dotcom meltdown has left several of what had been fast risers beached, including WOW Entertainment, PlanetRX, US Wireless, and others. Many other dotcoms are sitting on the Nas below $4 watching the month calendar tick down towards delisting. A few are reverse splitting. It has been brutal. But I think the worst is over. Some companies that have traded twenty or thirty or forty dollars a share at the top are trading for pennies now. There can't possibly be any worse market crash for dotcoms--the weakest link in the tech chain--which is why I'm bullish from here on out for technology.

What a scam some of these internet plays were though. I thought penny mining stocks were bad enough with the liar at the top of the hole, but $40 to thirty cents? Ugh.