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Pastimes : Clown-Free Zone... sorry, no clowns allowed

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To: Haim R. Branisteanu who wrote (10226)8/11/2000 12:06:40 AM
From: Joan Osland Graffius   of 436258
 
Haim, >>So Dell is not a screw driver company any more but an "INVESTMENT" company, presumably in worthless DOT.COM companies.

This is the way it is in a bubble. DELL, MSFT, INTC, GE...the list goes on of companies that are "mutual fund" managers not companies that manufacture and deliver products. Remember Japan...it will take 10 years or more for these companies to recover after the party is over...and some of them will not be around. J6P investor will be in big trouble when these stocks are cut by 75% or go to zero. BTW, I do not think we will have a problem with the supply of treasury debt in the future after the government tries to prop up an economy where people are saving every last cent they can lay their hands on and not spending a dime that they do not have to. <ggg>

Joan
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