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Technology Stocks : Dell Technologies Inc. -- Ignore unavailable to you. Want to Upgrade?


To: Paul van Wijk who wrote (20306)11/2/1997 9:51:00 AM
From: Sig  Read Replies (1) | Respond to of 176388
 
Paul:
Thanks for the update. I like the comparison between recent
tankages and 1987. Clear as a bell in my mind is looking at the Dow stocks in 1987, down 20 to 25%, and then looking at the Nasdaq stocks, down 40 to 50%.
The recovery then did not take long, today can be even faster,
because of all the automatic payroll deduction plans and because people here are making much more money ( a 10% raise /yr would double the income in 8 years)
And bond yield is so low today is not a good option.
So things could inprove very fast but investors will be just a bit
wary of the lesser unproved techs.(big may be better)????
But there are great values to be found at this time.
Having been reminded of the foreign currency/ market problems in
Asia the analysts are now talking of the potential one in South America, makes me wonder if they could actually cause one just by
printing their most negative thoughts. Bunch of punks.
Lucky thats not a big market, yet....
Sig