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To: GST who wrote (70463)7/29/1999 5:52:00 AM
From: KeepItSimple  Read Replies (2) | Respond to of 164684
 
> Two years later it will be 200 trillion. This will continue for at least ten years
> -- reaching thousands of trillions of dollars.

As I've said before: if everyone is a millionaire, a bread of loaf will cost 500 dollars. There's just no getting around it. Either the mania STOPS catastrophically, or it continues indefinitely until it gets to the point where everyone deposits their money in AOL at 9am and retreives 2x that amount at 4pm, every day.

This is madness.

You know, the Russian ruble once inflated like that- and their economy was destroyed. But when we see the same thing happening with internet "currency", it is viewed as a Good Thing.

Doesnt anyone find it scary that Microsoft wants to create an internet tracking stock BECAUSE IT CANNOT AFFORD TO BUY INTERNET COMPANIES? This is microsoft, arguably the most profitable company on earth dollar for dollar. More cash in the bank than god himself. And they have to turn to the internet funny money presses in order to keep playing the game.

How long until average individuals have to turn to internut currency to keep playing the game of paying the rent and making the mortgage?



To: GST who wrote (70463)7/29/1999 6:19:00 AM
From: Jeff Dryer  Read Replies (2) | Respond to of 164684
 
GST, that is MIND BOGGLING. I agree with your bullishness!

The reason the United States GDP will be 20 times larger than today two years from now is because the U.S. has 2.8 billion registered users (unique people actually living in the U.S. and consuming) and the U.S. has a total reach of 60 billion *unique* people worldwide who consume at least one U.S. product per month.

and that my friend, is a lot of people consuming... and at an ever increasing rate.

200 trillion GDP in 4 years!... Wheeeeeeeeeeeeeeee!!!!!!!



To: GST who wrote (70463)7/29/1999 10:24:00 AM
From: Robert Rose  Read Replies (2) | Respond to of 164684
 
I hate to break it to ya, gst, but the u.s. and the world are not one and the same. Nor does the u.s. represent 100% of the world gdp. In fact, it represents 1/5, and that percentage is shrinking as the world gdp accelerates. I'm not defending the 2 trillion market cap projection, per se, I'm just saying that four years from now, or 10 years from now, the world's largest etailer very well could end up with a market cap that astonishes us today. After all, who would have thought in 1995 that msft would now be valued at 453 BILLION??