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Technology Stocks : Cymer (CYMI) -- Ignore unavailable to you. Want to Upgrade?


To: Brian Malloy who wrote (16368)4/6/1998 6:31:00 PM
From: Walt Street  Respond to of 25960
 
> OT Walt

> The question we should all ask is who the hell is who? who works at where?
> 'I think you'll see a 5-to-8 percent drop on the Nasdaq from here,'' said Gary
>Kaltbaum, a technical market analyst at J.W. >Charles. ''The technology stocks are going to get smashed.''

This is the equivalent of shouting fire in a crowded theatre, when there isn't even any smoke. Reuters should know better than to print this crap. Everyone knows Nasdaq issues lagged the broader market for many months, while DJ and SP500 climbed to ever higher levels.
I would be much more nervous owning the Dow than Nasdaq at these levels.
This Kalt bum must be working for shorty.

WS