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To: American Spirit who wrote (46814)2/6/2001 8:59:52 PM
From: Softechie  Read Replies (2) | Respond to of 57584
 
Techs will get worst before it gets better. Recovery will be in L shape and not V shape. It's ok to dream but you're facing reality here. A friend of mine is getting layoff notice from Ford plant. It's sad but it's reality that economy is cooling down and ain't no bones about it. Go ahead and hoard in techs especially those high P/E ratios and dream they'll bounce back to their high tomorrow.