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Technology Stocks : Computer Associates
CA 24.970.0%Dec 8 4:00 PM EST
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To: Smart Investor who wrote (3170)3/10/1999 3:59:00 PM
From: Doug   of 5232
 
Smart investor: Inflationary cycles only come as spike functions. We are in a normal deflationary cycle with Property,Resource, Labor and even High Tech goods selling at lower prices than a year before. Fortunately in the high Tech field, Technology is able to force redundancy and thus maintain a market demand.

I do believe that this Bubble will eventually deflate like it did in Japan. There is a lot of new Money chasing these new Frontier stocks both E-Commerce and Technology.

Brokerage houses are presently only keen to inflate the Bubble.
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