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Technology Stocks : Aahh...iNEXTV (AXC) The NEXT Thing! -- Ignore unavailable to you. Want to Upgrade?

To: bootsup1 who wrote (3252)	3/16/2001 12:17:29 PM
From: Hal Campbell	Read Replies (1) \| Respond to of 4169

" That's one reason I think this bear will take a long time to base out. " Boots you have been on the money with market predictions so far. I am sure no market prognosticator and never will be, but lemme put my foot in my mouth once again ( good stretching exercise). What bugs me about this Nasdaq Bear is that valuations across the board are still not very low. There are always bargains out there in any market, but when a stock like Coca Cola is growing at a 3% clip and commands a valuation of 57 times earnings, much of the market has not really been hit yet.Some of the stalwart techs on the other hand are approaching reasonable valuations. I think the REAL BEAR is still a few years off, and will make this one look like a Teddy.Almost has to happen eventually. With the fed cutting I think this market will probably be semi ok from here...though with a ton of rotation. But as Lefty Driesell usually says " YaknowIdunno"