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Technology Stocks : Cisco Systems, Inc. (CSCO) -- Ignore unavailable to you. Want to Upgrade?


To: The Phoenix who wrote (45006)12/19/2000 9:02:34 PM
From: John Pitera  Read Replies (2) | Respond to of 77400
 
OG, I have a 35 year chart book from 1985 that has all
of the nifty 50 charts from the 1972 to 1974 and those
stocks came down from like 200 to 20, this has happened
quicker due to technology and information flows being
quicker.

but I've surely never seen anything live time like the
last 3 years. I was commenting to JORJ about
FDRY today down from over 200 to 16, really amazing.

How about YHOO down from 250 to 27.50 and it still
has a Market Cap of 15 Billion!!!

The bull market provided capital so that their are now
10 companies to provide the same technology or service,
or product.

I don't think that people especially the 401K and mutual
fund investors even realize the full scope of this
bear market.

btw...any thoughts on FDRY?

John