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Technology Stocks : John, Mike & Tom's Wild World of Stocks -- Ignore unavailable to you. Want to Upgrade?

To: John Pitera who wrote (1958)	10/26/2000 3:14:13 PM
From: Logain Ablar	Read Replies (1) \| Respond to of 2850

John: I could see the Fund window dressing coming into play today and tomorrow. Although today is a tought day to buy. One item I can't understand it the talk of funds tax selling. I used to work for a company with a few funds and would meet with the managers to discuss the tax consequences but they would not base the investment buy / sell decision on matching losses to gains for the dividends. They were paid based upon performance of the fund and the tax implications to the shareholders didn't come into the equation. Maybe this year is different with the large drops. Thanks for the Cramer article. I could use a short covering rally right about now <gg>. DVN had good earnings if the retest of $51 holds I'll start to leg in. Tim

To: John Pitera who wrote (1958)	10/26/2000 3:15:07 PM
From: Jorj X Mckie	Read Replies (1) \| Respond to of 2850

I am talking about the optical space. In a bear market, you would expect everyone to get smacked around eventually, including the darlings in the optical space. This is more of a market action rather than an indication of a fundamental change in the optical sector. The demand for optical products is growing rapidly and I am not just talking about the component level. Cramer is wrong about what is going on in the real world in the context of optics. What happens in the stock market is a separate story altogether.