Silver lining to record plunge?

(New York-AP) -- Analysts say there's a silver lining to Wall Street's dark plunge.<br><br>The Dow industrials and the Nasdaq index both broke their records for the biggest one-day point drops

Friday, April 14th 2000, 12:00 am

By: News On 6

(New York-AP) -- Analysts say there's a silver lining to Wall Street's dark plunge.

The Dow industrials and the Nasdaq index both broke their records for the biggest one-day point drops today, as a gloomy inflation report triggered panic selling.

Analyst Tony Dwyer says the sell-off took on an irrational tone, with emotion taking over the market.

He says it's not surprising that the technology-filled Nasdaq plunged, since technology stocks have been overvalued recently.

Dwyer says once the dust settles, investors should look to those stocks because they'll be back at realistic price levels.

He says although many investors might not see it now, the sell-off could prove to be a good thing in the long term.