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Strategies & Market Trends : Technology Stocks & Market Talk With Don Wolanchuk -- Ignore unavailable to you. Want to Upgrade?

To: Dr. Jeff who wrote (5818)	12/6/2002 2:00:20 PM
From: Lizzie Tudor	Respond to of 206884

OTOTOT Hardly what I'd call negative sentiment, but instead quite indicative of massive amounts of speculative money still out there chasing this trash......... I'm in a few of those (vtss, itwo, some chinese portals)- a cursory look a few weeks ago led me to believe the valuations were about what we saw in the early 90s for tech in some of these names. I think its quite possible that one of these pennies does a Dell or Oracle in the next 10 years... in fact I expect it, the question is who. There are a bunch of babies in the bathwater... I'm not saying there is no trash out there that is running mind you... I just think the sentiment about buying low price stocks here is exactly what I recall when oracle was ORCLE. What would you have said if da_chief had a buy on orcle then? That it was a penny stock pump? (note the E at the end of the symbol). I doubt vtss goes back to penny land from these levels btw. Sorry thread for the OT, I usually just lurk here.