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Technology Stocks : Newbridge Networks
NN 16.44+2.0%3:29 PM EST
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To: Frank Edwards who wrote (5221)6/16/1998 11:16:00 PM
From: j g cordes   of 18016
 
Frank, I read Moseley's articles. Rather pessimistic except for continued money inflows inflating our markets.

One can make money in both directions in markets, which may be the cause of some of second tier declines we're seeing... international money entities that attack currencies and markets the way pirates used to on the high seas.

If the dollar and our markets continue to build, there will be a bubble that levels us as well and our baby boomer demographics aren't that far behind Japan to see the writing on the wall. Our markets certainly won't be the stable savings resource to draw down into old age.

I'd personally like to see him turn his hat around and try writing a positive only piece... while some things fall, others new things are taking root and its to those that we need to apply our sense of discovery and investment.

Jim
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