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Technology Stocks : SAP A.G. -- Ignore unavailable to you. Want to Upgrade?


To: Ibexx who wrote (2900)1/11/1999 12:54:00 AM
From: mauser96  Respond to of 3424
 
Ibexx..It's unhealthy for a market to go almost straight up like this one, so a correction is needed, and it's probably no more than a few months off . It may well get started with the pricking of the internet bubble followed by a sympathy correction of most of the techs. The market seems to do whatever it takes to scare people, so I expect the decline to be about 9 % wyhich will be just enough to correct excesses and to make many think the worst is yet to come.. Then it will turn and the big cap techs will be the first to rise. I'm taking a few profits now but mainly hoarding cash for buying chances..
I think internet shopping is going to have a huge impact on regular store retailers. 10 years from now many well known names will be bust. For partly differing reasons, I suspect 2 that will not only survive but prosper will be HD and WMT.
Lucius