Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Pastimes : The Naked Truth - Big Kahuna a Myth -- Ignore unavailable to you. Want to Upgrade?

To: Lizzie Tudor who wrote (59190)	8/29/1999 8:30:00 AM
From: yard_man	Respond to of 86076

The internet is not as revolutionary as the introduction of electricity ... I was referencing recent comments as to the overvaluation of the market, overstatement of earnings, etc -- very recent comments by Greenspan ...

To: Lizzie Tudor who wrote (59190)	8/29/1999 12:31:00 PM
From: Haim R. Branisteanu	Read Replies (1) \| Respond to of 86076

Michelle if AG is truly thinking this way he is greatly mistaken. Electricity is a medium to transfer energy which can be used to produce gadgets used by the population at large. Electricity improved substantially peoples lives. The internet is more like the invention of the telephone and radio/tv as it transfers information faster cheaper and more accurate. It is a slight improvement in productivity similar to the personal computer and it's effects on the broader market. Still the internet is in now way to substantially change the economic picture. The last thing I would assume about AG is that he is a dense person. I think he knows the market is way overvalued and we are in a bubble, but he is also a political animal and is restrained by this administration to voice the truth. Just read his latest speech and translate it using the GREENI Dictionary. <G> BWDIK Haim