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To: Giordano Bruno who wrote (76504)	11/20/1999 10:58:00 AM
From: re3	Read Replies (2) \| Respond to of 86076

ho ho ho but when when when...i think i posted to ken 98 that we have a little over 200 nas points to go before we bend... jj, do you have these newspapers at home <g> note to antman : try this site www.zoetrope.com its very interesting... ike

To: Giordano Bruno who wrote (76504)	11/20/1999 11:04:00 AM
From: NickSE	Read Replies (2) \| Respond to of 86076

Someone needs to speed up that tough love order, because I don't think I can stand much more of this. The market may be rewriting history since it NO LONGER believes in the theory that "Great bull markets don't die of old age. They're slaughtered by interest-rate increases from the Fed." dailynews.yahoo.com

To: Giordano Bruno who wrote (76504)	11/21/1999 3:01:00 PM
From: CYC	Read Replies (1) \| Respond to of 86076

On this endless run to Nirvana by US equity indices, let's pause 30 seconds for some tidbit stories. In June 1989 at the crest of a maniac run, the bluest of all blue chips in the Taiwan stock exchange, a life insurance and financial services company (G-T Life Insurance) closes at NT$1,975. A few days ago in November 1999, the same stock closes at NT$75. And yes, it is still considered a solid company and it is earning money. Wait a second, an article in a local paper says, that's not fair. If you count all the cash and stock dividends, the original price of NT1975 is actually equivalent to NT100-110 cost. So, that's not too bad to be down one third after ten years, so they say. In the past years, the Taiwan stock index has been on a roller-coaster ride from a top of 12,000 down to about 2,300, up to 10,000, down to 5,500, up to 9,000, down to 7,300, and now back to be close to 8,000 again. And of course, there are many ups and downs in between. First of all, as the chairman would say, it is a rummy market, so who cares. -g- On the other hand, the market there was crowded by people then, and people in US are jamming the market now. Human natures don't change, do they? The point of the story is not to predict gloom and doom for maniac speculation. After all, during the last decade, the PC and semi-conductor industries aka the leaders of the new economy locally have created many, many millionaires in Taiwan. And this has happened after an unbelievable decline of 80% just 8-10 years ago. But it surely makes a statement that buying the winners of today is not a certain way to riches in the future. Now, back to the regular programs. Just buy, and buy the leaders please. -g- Good luck to all!