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Politics : Ask Michael Burke

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To: benwood who wrote (70730)11/18/1999 5:38:00 PM
From: pater tenebrarum  Read Replies (1) of 132070
 
Ben, i guess as long as easy Al insists he's not sure if it's a bubble, we can possibly carry on like this indefinitely.

just to illustrate how meaningless analysis and rational thought have become, something i gleaned from a recent market report at contraryinvestor:

as per 11/10, Oracle, Cisco and Qualcomm had tacked on 72,5 billion dollars in market cap over the preceding six trading days; their collective projected fiscal 2000 earnings are 5,4 billion.

this is the most speculative market ever...

regards,

hb
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