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Politics : Formerly About Applied Materials
AMAT 283.55+5.5%2:53 PM EST

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To: Cary Salsberg who wrote (56667)11/30/2001 12:43:06 PM
From: Kirk ©   of 70976
 
As I said in early October, if rotten business and terrorist attacks don't result in historical valuations, what will?

The only thing I see is another Enron type collapse...

Wasn't that something like $63B in market cap that vanished? This was supposed to be a company with real earnings? Turns out this was not true... any more of these debacles and investors will be leery...

One thing for sure, on the perverse side, Enron employees will be working longer now before they retire so there will be more consumers that are creating wealth rather than selling stocks to live.
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