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.

Non-Tech : Tulipomania Blowoff Contest: Why and When will it end? -- Ignore unavailable to you. Want to Upgrade?

To: pater tenebrarum who wrote (2214)	12/17/1999 3:18:00 PM
From: Sir Auric Goldfinger	Read Replies (2) \| Respond to of 3543

Just substitute 'Internet' (Grant's Interest Rate Observer) 'What's Left of the New Era?' asked Business Week early in 1930, 70 years ago next month. The stock market was in a shambles, but not yet the world economy, and the magazine was raking the debris of what the bulls of that day, too, had called a New Era. The editors spared no sarcasm concerning the excesses of the glorious preceding upswing, but they found more to praise than condemn. They compiled a list of achievements of the just-ended boom that would outlast the imminent cyclical downturn, e.g., breakthroughs in technology and industrial management, a firmly implanted social optimism, widespread public participation in the securities markets, greater access to personal credit, better business statistics, better railroad transportation and the merest hint of the possibilities of 'business cooperation and government leadership in stabilizing prosperity.' The boom was over-the magazine seemed to know it for a fact-but the material and intellectual advancesGet the full story in the December 17, 1999 issue of Grant's Interest Rate Observer. The December 17 issue of Grant's Interest Rate Observer is hot off the press and Bloomberg's got it. Type GRNT <GO> to subscribe or sign up for a free 30-day trial. Visit us at www.grantspub.com or call 212- 809-7994 for more information. This issue and more can be found at grantspub.com. Grant's Financial Publishing Inc. is the publisher of Grant's Interest Rate Observer, copyright 1999, all rights reserved.