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[DickMN]

Re: Work this through with me... people of common sense.

>>>How long will the market sustain the high multiples awarded to many of these stocks in the technology field?
.....Isn't it reasonable to see further correction, i.e. either minimal upward stock movement to catch up with current pricing, or, further pull back.<<<daisyobear

I really don't think there is any working it through. Your argument makes perfect sense, but the market doesn't. Consider Openwave (the combined Phone.com and Software.com), for example, one of my more speculative wireless bets. They have been condemned as one of the most overpriced high tech stocks. Monday night they blew away analysts estimates, including First Call/Thompson Financial, of –3¢ and turned in their first profit of +9¢/share! They also substantially raised their projections for the rest of 2001.

Today the stock rose $13 or 24%. Now analysts are falling over one another wildly raising estimates and submitting strong buy recommendations. I actually considered dumping my OPWV at the end of 2000. Glad now I didn't. There's just no figuring it. I'm going to sit on everything I have, including DIG, mainly because I've lost so much that it's worth nothing to sell, but also because there's just no figuring it.

DickMN