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Technology Stocks : John, Mike & Tom's Wild World of Stocks -- Ignore unavailable to you. Want to Upgrade?

To: John Pitera who wrote (2476)	9/3/2001 3:15:19 PM
From: Logain Ablar	Respond to of 2850

Hi John: I've been on vacation and now another matter has come up where I won't be on the net for a while. On ng its the supply increase without the anticipated summer spike in demand due to a relatively mild (not hot) summer. We only had two really hot spells here in New England to tap the energy grid and with the increased drilling its been able to eaisly meet demand. I'd expect the ng companies to curtail drilling @ these price levels. On CMRC and other selected tech stocks. Valuation on many has come down to levels where they are values if there is any kind of recovery. Many stock prices of companies are pricing in a threat of bankrupcy, (valid in a lot of cases but not all) yet some of these companies are not going under. I've seen some of your other posts and one thing to keep in mind is there have been over 600 public companies which have been delisted over the past 12 months (I heard it was 645 as of 2 weeks ago but not sure of the accuracy of the # and I'm sure many have gone under). So some of the technical readings will be off. Have to go Tim