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Strategies & Market Trends : Value Investing
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To: James Clarke who wrote (5726)1/11/1999 10:03:00 PM
From: peter michaelson  Read Replies (3) of 78667
 
Jim, All:

Re:

These stocks are going to die a spectacular death, probably within six months.....

The trouble is they may take the entire market down with them. If the market value of these crazy stocks is, say, $500 billion at the peak, then nearly that much will be lost by individual investors.

If this be the case, the appetite for buying ANYTHING will be suppressed for some years to come. Almost no one will do well.

For years, before during and after WWII, a career on Wall St. was not sought after at all by business school types. No future!!

What is the total market capitalization of US publicly traded stocks? What percent are internets and high techs now?

Peter
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