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Strategies & Market Trends : Trader J's Inner Circle -- Ignore unavailable to you. Want to Upgrade?


To: LTK007 who wrote (12867)4/19/1999 3:53:00 PM
From: StockHawk  Read Replies (1) | Respond to of 56537
 
Max - Mary Meeker is probably the most influential analyst there is when it comes to Inets. I would think that if she really called for a large correction it would be ugly - but I think this is the third time in a week someone said many Inets would not even be around in five years. It's up there with "sector rotation" in the current lingo. That's always the case in new dynamic markets - look at personal computers, plenty of pioneers did not survive.

I don't imagine it would be wise to do any real selling at this point. After all, if tomorrow she says she was misquoted the Inets could surge right back up. I think I will follow your lead and go do some gardening.

StockHawk