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To: Boplicity who wrote (26798)	12/21/2000 5:05:55 PM
From: Sully-	Respond to of 65232

Greg, This technology revolution, the ease of access to news & online cheap brokerage houses are not going to evaporate. We are more & more connected daily. Some people will leave, but more will take their place. Fear & greed rule. Fear rules now. When the market turns bullish & the economy begins to see growth on the horizon, greed will rule again. IMO, fear & greed will do most of the dictating as it always has. The swings between the two will just will be sped up by the technology revolution. BWTFDIK anyway?? Ö¿Ö

To: Boplicity who wrote (26798)	12/21/2000 5:10:42 PM
From: Ex-INTCfan	Read Replies (1) \| Respond to of 65232

Greg, there were two clear warning signs that the tech bull market was coming to an end. These were: 1. My 78 year old father started buying technology stocks. 2. A very good friend of mine who had no previous interest in finance of any kind started buying tech stocks (real high fliers, too) and watching CNBC in the morning before she went to work. The runup also was a clue, but it was so hard not to follow it up during the "groundhog's day" days of late 99 and early double-ought. Just as the shorts are rewarded almost every day currently, the longs were back then. Even though we knew the prices were obscene, we played the game because it worked, and we invented reasons for why it worked. Things like "PEs don't matter anymore" were being said everywhere, including this thread. (That should have been a warning sign right there!) My father is cured of tech stocks now -- NOVL stopped him. You had a 1200 baud modem in the 80s? I dreamed of a 1200 baud modem while I was using 300 baud to hook up to the mainframe at my graduate school. I could read faster than the print came up on the screen. INTCfan