Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : Ascend Communications (ASND) -- Ignore unavailable to you. Want to Upgrade?

To: Emile Vidrine who wrote (19229)	10/27/1997 4:06:00 PM
From: Ashley Campbell	Respond to of 61433

No thanks! I'd rather not imagine... -ac

To: Emile Vidrine who wrote (19229)	10/27/1997 4:11:00 PM
From: yard_man	Read Replies (1) \| Respond to of 61433

That's what I like about you Emile. Always putting things in good perspective. Downright cheery, fellow.

To: Emile Vidrine who wrote (19229)	10/27/1997 4:14:00 PM
From: James A. Shankland	Respond to of 61433

try to imagine several months to a year of continuous drops. Let's not and say we did! I think the fundamentals are too strong for this to go on too much longer. It might go on tomorrow: right now, we're tearing our clothes off, burning the furniture, twisting our heads around full circle, spitting up pea soup, and generally wigging out. But eventually -- and at the rate we're going, it can't take more than another day or two -- we'll exhaust ourselves, look around at the carnage, smile sheepishly, mutter something like, "No more whiskey sours before breakfast," and start picking up the pieces.

To: Emile Vidrine who wrote (19229)	10/27/1997 4:40:00 PM
From: Death Sphincter	Respond to of 61433

in 1987 the market peaked at 2750...this market peaked around 8150.....so if you want to use multiples 3x might be more appropriate... The few days before the 500 pt. crash in 1987 was preceeded by several 200-300+ down days...there were no circuit breakers and no trading halts in 1987....but, of course, we all know that this time IT'S DIFFERENT!!! careful, careful CARL

To: Emile Vidrine who wrote (19229)	10/27/1997 8:57:00 PM
From: Maverick	Respond to of 61433

On Wall Street, the experts who advise clients when to buy and sell stocks were divided. "We've had a mild kind of correction in our forecast for a couple of months. Most observers think the overvaluation was in the range of about 10 percent," said Greenberg at DRI. The Dow has fallen more than 13 percent from its all-time high reached this past summer. Yet Barton Biggs, a strategist at Morgan Stanley Dean Witter, said stocks around the world could decline as much as another 30 percent. "The odds are that we're in a bear market," said Biggs. He added, however, that Monday's decline might have been far too sharp and far too swift. Tuesday could see a "violent rally," he said. From DBC NewsRoom I noted that the market bounced back the day after the Black Mon. 10 yrs ago. But today's market drop is much less severe than the '87 Black Monday.