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

To: Mark Fowler who wrote (4321)	12/20/2000 11:36:19 AM
From: craig crawford	Read Replies (1) \| Respond to of 57684

That post pretty much sums up my position. Buy beaten up tech names with reasonable multiples...not high flying stocks with no PE or 300 PE's. The only thing I would like to clarify is that I don't know how long it will take to get to 3400-3500. It may take 2-3 months, it may take 5 or 6 months. The reason I look for 2-3 months is because everything seems to be compressed with this market. Things that should take years take months. So normally I would think it would take 6 months to tack on over a thousand points in the Nasdaq. Maybe this time it happens in 2 or 3. Either way I think you can even buy stocks like SUNW INTC CSCO BEFORE the Fed announcement yesterday and make money come January. If you are buying today or all this week then you have even better odds.