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Technology Stocks : General Lithography
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To: Qualified Opinion who wrote (1205)3/5/2000 10:32:00 PM
From: Ian@SI  Read Replies (1) of 1305
 
My short term decision to raise cash was based on the speculative bubble created on the overall Nasdaq.


Have you considered the remote possibility that just perhaps the NASDAQ isn't merely a speculative bubble?

Have you ever studied Schumpeter or listened to Kudlow at least?

What can you tell the thread about the economic impact of innovation?

Does Creative Destruction have any meaning that you could discuss with the thread?

If you're unable to give an educated discussion of several of the above questions, I'd suggest that you read some of Schumpeter's works. All that's required is an open mind.
If I remember correctly, his definitive work is titled, "Business Cycles".
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