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Politics : Ask Michael Burke

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To: Knighty Tin who wrote (44773)	1/28/1999 10:37:00 AM
From: RealMuLan	Read Replies (2) of 132070

Mike: Here is a little more detail from AG: ALAN GREENSPAN, CHAIRMAN OF THE FEDERAL RESERVE: "First of all, you wouldnt get hype working if there weren't something fundamentally, potentially sound under it. The issue really gets to the increasing evidence that a significant part of the distribution of goods and services in this country is going to move from conventional channels into some form of internet systems .... "The size of that potential market is so huge that you have these pie in the sky type potentials for a lot of different vehicles. And undoubtedly, some of these small companies with stock prices going through the roof will succeed and very well may justify even higher prices. "The vast marjority are almost sure to fail. That's the way the markets tend to work in this regard. biz.yahoo.com

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