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Pastimes : Home on the range where the buffalo roam
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To: Boplicity who wrote (7026)11/28/2000 7:50:32 PM
From: Hobie1Kenobe  Read Replies (1) of 13572
 
Greg - it's almost surreal in how quickly Mr. Market can vaporize wealth. Everything is going back to a valuation of 1X earnings growth rate. At some future point the market will differentiate between the winners and losers and stockpicking will again be relevant, but in the interim, everything in techland is a loser. Uncle Alan is the Grinch that is stealing Christmas (hope it doesn't affect your record sales too much) and bringing to an abrupt end the productivity surge brought about by the expansion of the Net and BB. It should be against the law. Best,
JF3
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