Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : MDA - Market Direction Analysis -- Ignore unavailable to you. Want to Upgrade?

To: James Strauss who wrote (76133)	4/28/2001 6:33:12 PM
From: American Spirit	Read Replies (2) \| Respond to of 99985

Correct bullish attitude. Look at the individual leaders which will help support this tech market; IBM, GE, VZ, MSFT, NOK, PSFT, EDS, AOL, ELNK, SYMC, AAPL, DELL - all with good strong numbers even during the fastest most intense sudden recession we've seen. True many companies have been hit hard, esp those driven up to insane values last year which now show tepid earnings, but that bubble popped big-time. LU from 70-10, CSCO from 80-15, YHOO from 240-20, PALM 67-7, etc. Smart money knows the damage has been priced in and that at least a moderate recovery is underway. And even modest rebounds makefor stellar gains. Bottomline, people don't stop using phones, wireless cells, internet, buying computers, Palm Pilots, etc. And it is global business where American companies dominate. And on the low end of things you have the small-cap techs which have been hit harder than any, some were down 99% or more. CMGI, LOR, SCNT, TERN etc. These are starting to come back now and making lovely jumps for those who buy low. Some of these are natural takeover bait. The challenge now is to find the hidden value of the techs which for whatever reason have been largely ignored during this first stage of the recovery rally. This rally will not be straight up and there will be profit-taking and days of doubt, but gradually, the techs will move higher. They already are and that's where the money is to be made, that and energy stocks which still have some value left in them at these higher prices.