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Technology Stocks : MSFT Internet Explorer vs. NSCP Navigator
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To: Charles Hughes who wrote (20762)8/27/1998 2:50:00 PM
From: Charles Hughes  Read Replies (1) of 24154
 
My rosy scenario for a stocks recovery:

Ken Starr and Boris Yeltsin have heart attacks on the same day. By the next day, Russia has a new prez and Clinton is out of the doghouse. Then we get the news that global warming was just a data error and all that flooding and icecaps melting and stuff is perfectly normal. We all believe it. The present governments in Asia and Italy then resign in shame and democrats completely unconnected to dictators or organized crime take over via special elections. The Asians then refund Russia and the Russians start feeding their Army. The Italians and Americans, encouraged by the Pope, start transferring technology and investment capital and food and whatnot to poorer Islamic countries and they love us for it and the bombs stop going off.

Shamed by this outpouring of fellowship, Bill G declares he 'made a mistake' and turns MSFT into an open software company.

Everybody starts buying PCs like crazy and we all get our money back. All those formerly virginal 20-something investors forget this little bear moment ever happened and go back to funding their 401k plans.

By the year 2000, the average NASDAQ P/E is a completely normal 300/1.

Hey, It could happen!!

Cheers,
Chaz
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