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To: G_Barr who wrote (367)4/3/2001 3:57:01 PM
From: pat mudge  Respond to of 475
 
Nothing makes sense. This is absolute butchery. The only bright spot is that there will be a turnaround and prices will be at give-away levels.

Pat



To: G_Barr who wrote (367)4/4/2001 7:14:02 AM
From: Dale Baker  Respond to of 475
 
This market really makes sense.


The market is pricing in almost zero growth for many tech companies now. If the market is wrong - and hysteria tends to cloud judgment for most - buying at a "zero growth" price should produce nice returns as growth reappears.

I have been nibbling on the way down but not backing up any trucks. Probably a few more weeks of this grinding away ahead.