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Technology Stocks : Newbridge Networks -- Ignore unavailable to you. Want to Upgrade?

To: Bob Howarth who wrote (15953)	12/17/1999 3:52:00 PM
From: Tunica Albuginea	Read Replies (1) \| Respond to of 18016

Bob Howarth: a peak into the future: -2000 will see a very large market correction from these thin air heights of inflated, Michelin bubble market. Caused by: -Recovering/not falling oil prices due to a)world recovery b) stable cartel ( at least for another 6-9 months ). -EXPLODING Health Care costs due to a)Massive HMO lawsuits recently approved by courts (This is the " stealth missile " that will pop this bubble IMHO. True to form, the cause that pops Bubbles is never seen ahead of time.Only retrospectively.Nobody foresees that Health Care costs, stable for 10+ years will explode ). Message 12124215 b) in progress now Message 11744279 c)supported by business and states Message 11744161 d)helped by insiders Message 12124218 e)unionization of Doctors, Residents and Interns Message 12147720 f)Unionization and Health Price increase supported by AMA, Doctors AND Democrats!!!!! Message 11730075 -lack of workers In the last 10 years a large amount of money left Health Care to go to Technology. You will now see the opposite now as money gets siphoned back into Health Care. As a result of higher inflation, interest rates , eps will fall, market will collapse, TA Message #15953 from Bob Howarth at Dec 17 1999 2:52PM TA: Next year energy prices drop 10 to 20%, CPI drops, etc. Interest rates will fall. If you don't believe me, do the following. 1- Determine that consensus estimate is that rates will rise next year. 2 - Check last 3 or 4 years and in each and every year you will see that the consensus was exactly wrong. This is a really weird phenomena that lots of funny jokes have been made about.