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Re: mlsoft post# 50138

Thursday, 11/28/2002 10:48:23 AM

Thursday, November 28, 2002 10:48:23 AM

Post# of 704019
no question that current valuations put us well into bubble territory

I agree on your assessment totally. I am slightly surprised on total lack of restraint on the bullish side as evidenced by the return of bubble style charts. How much longer can they reinflate ar 8-10% per month. Last one lasted for 6 months this one is on month 3.

I like three stocks ADTN, CCMP and SNDK which have reinflating to 9/99 pre bubble levels, 52 W highs, good earnings growth, small float which insures volitity and only way is them is up if FED easy money continues until it is killed by FED policy change.

Greed is as powerful of a drug as any other.



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