It's another one of those more serious contraction phases that are followed by buying on the dip. I don't think the catalysts are there yet to sink the ship. I'm still on the side of the angels, although I recognize that we can easily have a 15 percent correction here. |
Network Solutions, ... is facing an interesting day here. Either they settle their deal with Department of Commerce... or they get another extension, which is the most likely outcome. |
The Internet sector still will shine, but you'll have to be with the top brands to be a winner, |
The momentum players are providing fuel to this game, |
The quality companies in the Internet, and there are a good baker's dozen, they can be bought. Proven companies that show they know. |
There's a lot of game playing going on right now, ... The two parties are digging in the trenches, and digging in on their positions. The judge knows that Microsoft will appeal, and the tougher the penalties imposed on Microsoft by the judge, the more likely it is that the appeals court will modify them. |
They are all proven players, and they are all profitable now, |
They are looking for non-multinational tech stocks that are attracted. What are they? Certainly not the telecom stocks, the CLEC, the independent telephone company, AT&T, WorldCom, they are all in trouble because demand for the high speed connections, the data connections are not coming through as quickly as possible, but the revenue from local business calls and the tremendous price pressure and so those companies are not likely to be targets for investors to go for, |
They are looking for non-multinational tech stocks that are attracted. What are they? Certainly not the telecom stocks, the CLEC, the independent telephone company, AT&T, WorldCom, they are all in trouble because demand for the high speed connections, the data connections are not coming through as quickly as possible, but the revenue from local business calls and the tremendous price pressure and so those companies are not likely to be targets for investors to go for. |
This is not yet the end. |