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Politics : Ask Michael Burke

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To: Knighty Tin who wrote (96564)7/7/2002 7:21:14 PM
From: Amir Shalit  Read Replies (3) of 132070
 
Hi Mike! Is that what you had in mind when you predicted
the bubble collapse starting in 1995?

I'm still missing the financial domino effect of the
Telecom collapse. Who lost the $800B that went into this sector since 1996?
How is it going to effect the banking system?


The NASDAQ & 500 making five year lows was somewhat
symbolic since that was the time (i.e. 6/97) I bailed on
U.S. equities.

Interesting enough, one of the most overvalued
sectors at the time, the dopers, is priced very
reasonably now.

Amir
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