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Strategies & Market Trends : The New Economy and its Winners -- Ignore unavailable to you. Want to Upgrade?


To: Bill Harmond who wrote (4237)12/19/2000 5:13:55 PM
From: GST  Read Replies (2) | Respond to of 57684
 
William: The economy is slowing down beyond what I expected. The energy crunch has been wicked. Consumers are skittish. Telecoms are in financial trouble and the banks have exposure to loans which are not going to get paid back. The risks of a hard landing go up by the day. The market priced in a soft landing -- as the risks of a hard landing increase so do the odds of seeing a sharp decline from here in stock prices. When JNPR is selling at 20 dollars come back and put a toe in the water.