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Strategies & Market Trends : Gorilla and King Portfolio Candidates -- Ignore unavailable to you. Want to Upgrade?

To: mauser96 who wrote (11986)	12/4/1999 5:53:00 PM
From: Seeker of Truth	Read Replies (2) \| Respond to of 54805

I think you are correctly summarizing the past but it's quite conceivable that the ups and downs of technological innovation will be smoothed out now that we have so many engineers and scientists working, many more than ever before. It's not rare to go to a scientific meeting and see twice as many registrants as two years before. The market itself has its own logic and when most people have put in their last cent there no doubt will be a minicrash as in 1987. But technology seems to be autocatalytic lately. By that I mean that we use the best microsope in the world to make a still better microscope. We use software to produce more dependable and more capable software, which in turn can be used to produce still better software etc. My forecast for the future is as follows. Stocks: big zigzags with the general trend upward, and exciting. Technology: overall, smooth upward progress(not true of individual projects of course) and still more exciting.