Formerly About Applied Materials Message Board

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Politics : Formerly About Applied Materials

AMAT 228.68

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Nov 17 3:59 PM EST

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To: Pink Minion who wrote (45338)	4/11/2001 2:43:39 PM
From: Jacob Snyder	Read Replies (1) of 70976

re: "In TA, you don't throw anything out" I'm not really throwing it out. I just think that 1995-2000, along with 1925-1929, are events that happen about twice a century. The aftermath of those manias is so painful, that everyone who experienced them has to die, before investors do it again. So, we should expect to see the Nasdaq back at the 2000 peak PE and P/S levels, around 2050. That's far enough in the future, that I can safely ignore it. The main reason I abandoned LTB&H, is because there is a serious potential that the painful aftermath of the Bubble has just begun.

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