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Technology Stocks : All About Sun Microsystems -- Ignore unavailable to you. Want to Upgrade?

To: uu who wrote (42002)	3/14/2001 4:18:27 AM
From: JDN	Read Replies (1) \| Respond to of 64865

Dear Addi: If its any comfort, my broker shares your exact sentiments as to where he expects the NAZ to be by year end. The old investment axiom, "Buy when there is blood in the streets" certainly appears appropriate today. I dont share Kens view that we are going to Hell in a handbasket. The economy actually appears rather strong. I WAS AN INVESTOR in the early 70's and IMHO this is an entirely different situation. Then the economy was weak and weakening. We also had MANY MORE international trade barriers etc etc. Seems to me we merely had a speculative BUBBLE and as everyone predicted IT BURST. So, we start over again. I would expect interest rates to continue to decrease for some time, effective tax rates appear will also decrease. Liquidity will be slowly pumped into the economy. I would imagin AG will do his best to NOT create another speculative bubble, but at the same time he will want to continue a full employment economy. So, while prices may not increase as fast as we would like, I bet they will be steady. On top of all that mutual funds now have, I AM TOLD the most cash on hand in HISTORY. Eventually they GOT to employ that cash. I bet they are slowly doing it right now. My strategy is to hold what I got and slowly acquire more. I may miss the bottom but I dont expect to get caught with my pants down this time. JDN