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Strategies & Market Trends : Currencies and the Global Capital Markets

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To: Frodo Baxter who wrote (1048)	11/23/1998 10:27:00 AM
From: see clearly now	Read Replies (2) of 3536

"Note: while internet stocks are indeed a ridiculous bubble, it's not fair to extrapolate the excesses in this sector to the whole market; markets always have favored sectors and favored sectors always tend to excesses" Lawrence..I am in my sixth decade and have come to a surprising opinion (for me) about the internet stocks....I think the younger generations know something at a visceral level...what is evolving is a real, virtual world that can be accessed individually with no intermediary institutions..it offers commodities which are the most powerful "drugs" of all..information that can empower and attention! ".....but the upper asymptote is Moore's Law, which is about 60% annualized. This, for those who still refuse to get it, will be the enduring legacy of the New Economy." ..I don't get it?..can you explain it a little?. ...Arni

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