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Technology Stocks : LSI Corporation

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To: uu who wrote (21927)4/24/2000 3:00:00 AM
From: sea_biscuit  Read Replies (2) of 25814
 
Unless cpitalism dies completely, the current equity market will continue to go higher. And Yes there will be bumps and sharp turns, but the direction (based on the current economic environment) is upward especially with stocks of those Companies that taking over the foundation of the economy (not only in the US but at global level). And these companies include no other but the US high tech corporations!

Addi, you don't need the end of capitalism to bring down the high-tech house of cards! All it requires is a halfway decent, garden-variety bear market.

Capitalism will continue to survive and thrive. I think that is the mistake that the previous generation shareholders of IBM, DEC, Burroughs, Polaroid, Kodak etc. made -- equating the decline of their investments with the decline of capitalism. However, only the former happened; the latter didn't.
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