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Technology Stocks : Rockwell-Spins off Conexant (CNXT) -- Ignore unavailable to you. Want to Upgrade?

To: The Ox who wrote (1953)	11/13/2001 1:39:46 PM
From: David W. Taylor	Read Replies (1) \| Respond to of 2013

Michael, Why am I acting like a "dope" for stating an opinion? To my way of thinking, we are seeing another emergence of the manic behavior that characterized the Bull that ended in April 2000. This is partly because the money simply "has" to flow. The 401k plans are forced to buy with the $$$ flowing in. The underlying fundamentals are basically as bad as they have ever been in my lifetime and getting worse. From your statement "After the big bear market we just witnessed", you appear to be of the opinion that the Bear is done. So we are fundamentally in disagreement. That is all. Your last point. A 100% move up in a stock that has dropped 95%. That means that the stock is now only 90% off its highs. If the underlying value of the stock is low, then a doubling in cost is manic to say the least. That is like the Nasdaq going from the current 1800 to 3600. If moves like that, on deteriorating fundamentals is not bubble-like, then please explain what is.