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Technology Stocks : INPR - Inprise to Borland (BORL) -- Ignore unavailable to you. Want to Upgrade?

To: MENSO who wrote (1084)	9/1/1998 6:12:00 AM
From: Charles Hughes	Read Replies (1) \| Respond to of 5102

>>> will decay to $4 prior to earnings<<< Earnings smernings. Some very bad sh*t is happening right now, all over the globe. Folks have for some reason realized it all at once, and also discovered that the market has exits. There are net cash flows out of funds, and no real reason for that to stop so far. When you have P/Es like those of the last year, and people start to ask whether the companies whose stock they hold have any actual money, it's time to run. I wonder if anyone at the Fed has been woken and apprised of the situation yet? I listened to one former interest rate raven (spelling correct, this guy's doomsaying used to move the market just like Greenspan does now, until he was wrong once :) tonight on Nightline. He was flat out saying we had had our top 'during this cycle', meaning he was predicting a recession before the next bull, I suppose. I am reminded that in the really big drops big negative sentiment crops up quite a while before the actual bottom. This could go on for a while, with the usual bounces of course. One won't want to bottom fish in a typhoon. Cheers, Chaz