Predicts NASDAQ to Fall 50% (to 1319)

Subject: Alan Sinai: “We Will See Cutbacks In Technology... As Soon As Q4 and In 2008”
Date: Mon, 3 Dec 2007
From: Jas Jain

December 03, 2007

Alan Sinai: “We Will See Cutbacks In Technology & Computers “Without a Doubt” as Soon As Q4 and In 2008”

He appeared on Boob-berg. He was emphatic about companies cutting back on computers, etc., “without a doubt” in the face of weakening economy.

The economy is in recession already and NASTYQ! will go down more than 50% within a year.

Jas

Today the NASDAQ closed at 2,637.13