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Message subject : NASDAQ.....is it the end?
This message was posted by Garry on April 23, 2000 :
I keep reading them articles about how market sentiment to dot coms
is turning negative ….how greed is now turning into fear and that investors
will think twice and three times before getting into internet shares with high PEs.
Bull………….all the market needs to bounce back and brake another record is one or two positive
dot com earnings report and I’m not talking about ISPs or hardware
manufacturers………I’m talking about companies like Amazon.com AltaVista
Yahoo etc. …….real dot coms .
They will turn into profit and are going to make it big time……this is the future
and no matter what others say, their potential is huge.
It is still early days with only 2% of world population online………now imagine
10% online………..now that’s a big market and we should be there by 2002-2003.
Many investors will be looking at this correction as the best buying opportunity
the world ever had. Many will feel stupid for bailing out so early.
Time will tell…………………….
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