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To: Bill Harmond who wrote (71716)8/4/1999 2:34:00 AM
From: GST  Read Replies (1) | Respond to of 164684
 
William <Unlike some previous downturns in the sector, which have been based on such issues as corporate performance, the latest wave of pressure was linked to broad economic issues.> Sound familiar?



To: Bill Harmond who wrote (71716)8/4/1999 12:48:00 PM
From: Lizzie Tudor  Read Replies (1) | Respond to of 164684
 
I saw that article and find it annoying that they attribute the weakness to "interest rate worries". It is valuation, "internet growth slowdown worries" and supply coming to market that are to blame, even Cramer can see that!

According to that Market Pundit Donna Summer, the death of disco can be attributed to an oversupply of lesser-quality Rick Dee's (disco duck) offerings.


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