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.

Technology Stocks : Intel Corporation (INTC) -- Ignore unavailable to you. Want to Upgrade?

To: John F. Dowd who wrote (87460)	8/31/1999 7:15:00 PM
From: Dr. Jeff	Read Replies (1) \| Respond to of 186894

CORRECTION: <<<<Frank: The market is up 50% since Greenspam's "irrational exuberance" comment.>> >>> WRONG!!!! The market has advanced over 70% since his famous speech. He knew a bubble was forming back in 1996, now it's totally obvious, yet with everyone being right in the middle of it, very few really see it for what it is. In reality, all that has happened is people's perceptions have been totally warped, and no one has really done any significant selling of assets while building up massive personal debts. This bubble isn't ready to burst yet in my opinion, but it will in the next year or so and it will cause over a decade of economic pain. Perpetual prosperity is a pipe dream! Bubbles always end badly..............