How high will Microsoft fly? Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : How high will Microsoft fly?

MSFT 483.03

+0.5%

Dec 5 9:30 AM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: David Howe who wrote (56418)	3/1/2001 7:59:48 PM
From: David Howe	Read Replies (1) of 74651

Just for kicks, I checked the numbers on the Nikkei. It topped out in late 1989 at around 38,800 and fell to around 15,000 about two years later. That's a drop of around 61%. Last year the Nasdaq hit 5,100 and today it touched a low of 2070. That's a drop of about 59%. Draw conclusions at your own risk, again I feel that the two economies aren't very comparable. The very unfortunate thing about the Nikkei is that after using 15,000 as a base for a more than a decade, it has finally broken and is headed towards 12,000 or lower (from the looks of the chart). The massive hit to property values and equities in Japan caused their country to shy away from investing in their future. They entered a decade long recession. The government has basically lowered interest rates to 0% and the public and companies of Japan still won't invest. They have made their own bed. The US has made a history of being proactive and resourceful. We won't let what happened in Japan happen to us, IMO. Dave

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next