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Strategies & Market Trends : Zeev's Turnips - No Politics -- Ignore unavailable to you. Want to Upgrade?

To: sylvester80 who wrote (12433)	12/12/2001 12:16:31 AM
From: Softechie	Read Replies (1) \| Respond to of 99280

Got a friend who bought Lucent 50 shares at $50 and still got it. He forgot to sell it since he doesn't check the stock market monthly or may be yearly. Looking back at 2000 and the prices for the networkers back then making me chuckle a bit since I shorted the hell out of them good and made plenty from it. I saw the telecom went into the blackhole and how could the networkers survive w/o the cash cows. They couldn't and dropped like Chevy truck. Same idea different sector. It's Storage sector now. IT budgets got slashed and being watched like a hawk. These budgets won't get much help when economy is in recession.