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To: zbyslaw owczarczyk who wrote (8568)11/16/2000 5:39:55 PM
From: The Phoenix  Respond to of 14638
 
ML knows better but probably got swayed by additional comments from Volpi (avilable on Lightreading). The inventory issues are short term and are being overreacted to. The interest rates are toppy.

Funny thing is - you'd think the perma bears would have a clue from what happened to the perma-bulls when the NAZ went over 5000... but they don't see the inverse right in front of them. Mr Pain is on the way...

OG



To: zbyslaw owczarczyk who wrote (8568)11/17/2000 2:00:01 AM
From: Techplayer  Read Replies (1) | Respond to of 14638
 
zyb, I would not take a lot of what these analysts say to heart for the longer term. Last week it was Lehman brothers dumping on the sector just as they were closing an 800 million dollar round of VC $, 37% raised internally. I find it unlikely that these guys are going to stay out for long. tp