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To: Jeff who wrote (17374)	3/7/2001 8:07:26 PM
From: MMM Mule	Respond to of 19297

CMVT...could be the next jnpr play... earning next Tues

To: Jeff who wrote (17374)	3/8/2001 8:31:12 AM
From: ChrisJP	Read Replies (2) \| Respond to of 19297

Hi Jeff, I basically agree. And of course, I totally agree that the purpose of Wall Street is to get as much money from the public as they possibly can. The way they siphon money away takes on many forms. My theory is that they made their money on the way up (by selling into public demand for stocks and issuing outrageously priced IPOs-- basically a P&D operation on a cosmic scale), and they made their money on the way down (by selling and shorting while still maintaining buy recommendations) . I'm beginning to think their plan now is to stabilize the markets to bring investors back in. The question is: Will they succeed ? If they don't -- if there's a wipe out that deserves to happen, people will be so frightened of the stock market that it will be a decade before the public will risk putting what little money they have left back in. Those multi-million dollar Wall Street salaries will be a thing of the past too. So unless economic forces overwhelm Wall St. and Washington policy makers, they may be propping up some key stocks to keep the averages level until the economy recovers. Back in July - August, the stock I was watching and mentioned frequently was CSCO. I knew the party was over when no one was able to prop it up over $50. The stock I'm watching now is MSFT. While the NASDAQ has gone from 2800 to 2100, MSFT has actually been very stable -- suspiciously so. quote.yahoo.com It has been trading above its 50 dSMA for 2 months now. If it continues to hold through all this bad news, which now includes worries about a slowdown in Europe, then we'll know what the big money is up to. If it doesn't hold its 50 dMA, or doesn't hold 52ish, then we'll know it was just a trick to fool the little guys while they continue to bail out of everything else. So I'll be watching MSFT. IMO they are propping up YHOO the best they can right now too. Otherwise, IMO, it would be trading at about $10 - $12. Regards, Chris