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Politics : Ask Michael Burke -- Ignore unavailable to you. Want to Upgrade?

To: Earlie who wrote (64651)	7/15/1999 8:26:00 PM
From: Skeeter Bug	Read Replies (1) \| Respond to of 132070

earlie, i think the issue is terminology. listening to your terms, you'd think the pc industry was dead. true, overall the industry isn't doing well - units up 20%, revs up 2%. almost all companies have slowly slowing growth. the key is that slowly slowing growth isn't a disaster. it isn't ideal, but it isn't a disaster, in and of itself. what is a disaster are the valuations given these growth rates. i don't blame the businesses nor would i call them disasters. i'd call the fiscal policy that allows excessive "dumb" money into the markets to essentially inflate stocks - especially the popular stocks. to me, that is the disaster.