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Strategies & Market Trends : The Thread

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To: 2MAR$ who wrote (37059)	3/13/2001 1:41:27 AM
From: KevinMark	Read Replies (2) of 49816

Mars, you touched on a post I stated many months ago on MDD thread about how the PC and Cell phone created the wealth effect over the past decade. "Now what" is exactly right! You look back to bull market runs and there was alway a technology revolution. In the early 1900's was the automobile, the 50's was the color TV, the 80's was IBM-mainframes, the 90's was the PC and the cell-phone, now what is right. Where do we go from here? The PC and cell phone industry must do something in order for consumers to have to buy a new system(like recording industry) in the years to come or else their growth going forward is in big trouble for years to come. I suspect they may be working on that now. The next big craze is supposed to be biotech due to all the baby-boomers, but who wants to risk holding these high-flyers when just one bad PR about a study gone bad cuts them down 60-70% in value in one day. They too are over-bloated pigs. So what's next? I have a feeling the investment bankers are in for a very rude awakening for years to come. They have virtually killed themselves by pushing so much garbage out the door during the past 2 years, that they may never shake the smell. Tired it's late, off to bed.

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