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Technology Stocks : All About Sun Microsystems
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To: JC Jaros who wrote (33560)7/14/2000 3:09:59 PM
From: chic_hearne  Read Replies (2) of 64865
 
JC- I think I'm more worried about the big crash than you are, that's the difference. Just because people have done well in the high P/e stocks in the past doesn't mean they will continue to do well in the future. To me, the state of the US monetary and equity system is disturbing. The big one is just around the corner and there's a whole bunch of things that could pop the bubble. There's nothing wrong with owning commodities or gold to hedge against this. I'm still weighted mostly in tech, but I don't want to get caught with my pants down when we finally do get the big one. It's just not healthy for the stock market to be worth 170% of the US GDP, bottom line. -chic
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