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To: Jeff Jordan who wrote (118737)12/11/2000 5:17:51 PM
From: Jenna  Read Replies (1) | Respond to of 120523
 
Some of those are okay.. others still have more downside, AKAM also moved up well from a very bad low, the question is how long will they move up and do they really have anything to offer longer besides being the low man on the totem pole? Now that SUNW joined this woebegotten group we have the unusual situation of good companies down in the scrap heap with the low earners and go nowhere 'revenue producers'.. Look CORV.. its not a SUNW. Who is to say which group will be down 4 points after a 1 day rally or which will have the legitimacy to actually make it further up than 20% of year high and what basis will it have to continue a rally.
There is more to a rally that just having the distinction of being at the low (10% or less of the totem polem).. That will be the challenge in the next few weeks, figuring out which are destined to remain and languish (a la BYND and CMGI) and which really can recuperate.