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Re: [sharechat] Tech stocks demise

From:	jesse <johne777@hotmail.com>
Date:	Thu, 25 May 2000 09:26:34 +1200

Hey James, get used to it. Trends this strong don't turn around
overnight. Your gonna need a string of great news to stop this down
market, rebuild confidence and push higher. Greenspan isn't going to say
he's stopped with interest rates because he knows markets will rally
hard and he's back to square one. He's more likely to slowly choke
inflation for the next few months.
Did you read that bit about Vodafone or your opinion? Down markets don't
stop quality like Vodafone listing, just crap tech stocks that can't
stand up unless a market is soaring. Don't be surprised if plenty more
tech IPO's are cancelled/postponed.......
j


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