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Technology Stocks : FirstWave Technologies (FSTW) -- Ignore unavailable to you. Want to Upgrade?


To: Mike M who wrote (4508)3/1/2002 11:15:12 AM
From: TEDennis  Read Replies (2) | Respond to of 9677
 
re: massive selloff.

Wow. No kidding. 700 shares now. And down 1.9%. Skidsville, here we come.

I suppose investors in MSFT should be expecting a similar reaction. Heavily contested sales efforts from MSFT and FSTW will add expense to both businesses, thus impacting the bottom line. And their stock price.

Then, since MSFT is a "bellweather" tech stock, other techs will be impacted. The ever effective snowball effect will kick in ... then, the rest of the market will react.

Recession on the way. I can feel it.

Thanks a lot, Trocchi !!

TED