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Technology Stocks : Dell Technologies Inc.
DELL 133.92-4.9%Nov 13 3:59 PM EST

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To: Chuzzlewit who wrote (149674)12/22/1999 10:37:00 AM
From: Tony Viola  Read Replies (1) of 176387
 
Chuzz,

I believe that the evidence is clear that during periods of exuberance the market substantially over-values growth. I
think that is what is happening now. This market is reminiscent of the Japanese stock market bubble of not so long
ago.


I guess if I felt strongly the way you do, I'd be out of equities or short.

During the early 1960s it was the computer (remember IBM?)

I don't quite go back that far, but have spent my career in the computer industry. Believe it or not, use of computers came along much more slowly than is the use of the Internet. I don't have any stats in front of me to support that claim. But, when you think about it, early computers were exclusively in the realm of large companies that could afford them. The Internet is there for everyone (well, as soon as Cisco et al internetwork the world). It will be as pervasive as the telephone and TV, AND there is far far more you can do with and around it than with those appliances.

Hey, I'm a computer lifer and I think the Internet will dwarf even it.

Tony
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