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Technology Stocks : Son of SAN - Storage Networking Technologies -- Ignore unavailable to you. Want to Upgrade?

To: Raymond Duray who wrote (2519)	12/27/2000 2:25:14 AM
From: Joe Wagner	Read Replies (1) \| Respond to of 4808

Hello Ray, After so many legs down in this market, it can feel like it will never end. I see a glimmer of hope here, that the selling will slow with the end of tax selling at the end of the year. Some people may pay taxes on margin and sell at the beginning of the year, but then hopefully in the 1st to 2nd week of January, we will see a small January effect. If oil prices can stay down in the low $20's it will put more money in peoples pockets, and will start helping the tech sector. By the end of January, if we see low oil prices putting consumer money back into tech companies coffers, and we get an interest rate cut with low inflation and the prospect for more interest rate cuts, the Nasdaq could see a good rally start. If!! Joe