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Politics : Formerly About Applied Materials
AMAT 297.52-6.6%Feb 4 3:59 PM EST

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To: michael97123 who wrote (45094)4/5/2001 11:59:05 AM
From: Pink Minion  Read Replies (2) of 70976
 
What do you base your bearishness on? I am interested in hearing what you think will happen to the economy that will cause more than a 70% price decline in nasdaq. Whats the scenario? I will listen.

But you are comparing a bubble with reality. That 70% decline was from absurd prices. Would you pay 10 grand for a frig that cost 800 at Best Buy. That's what people were doing.

Look at the Naz from 1995, up over 100 percent:
quote.yahoo.com^IXIC&d=my

IMO, comparing anything from the summer of 1995 (when Netscape went public) to March of 2000 is comparing a bubble stock market.
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