SI
SI
discoversearch

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 : Rambus (RMBS) - Eagle or Penguin
RMBS 85.98-4.7%3:28 PM EST

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: jmac who wrote (67946)3/16/2001 11:16:32 AM
From: Skeeter Bug  Read Replies (1) of 93625
 
>>We're living through a NASDAQ depression<<

jmac, nope. we're living through the guaranteed consequences of a bubble. i've argued for several years that there has NEVER been a bubble that ended well. in all of human history.

btw, naz stocks are still double or triple *average* historical valuations.

IF the pendulum swings BOTH ways - and it normally does eventually - this biggest of all historical bubbles will bring the biggest of all busts.

simple cause and effect.

i hope it doesn't happen. i just hate betting against 100% odds in human history (for a bad ending) and i feel uncomfortable betting against "the size of the bust is in direct proportion to the size of the bubble."

we may escape the latter. i hope we do.

however, to call double and triple normal historical norms a "depression" just isn't accurate.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext