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Strategies & Market Trends : JAPAN-Nikkei-Time to go back up? -- Ignore unavailable to you. Want to Upgrade?


To: borb who wrote (2185)1/4/2000 1:21:00 PM
From: Professor Dotcomm  Read Replies (1) | Respond to of 3902
 
Sound, but if I may say so, cautious thinking, Borb. When the railroads were developing in the 1890s, people were saying the same thing and, yes, there were thousands that lost their shirts investing in railroads. Yet the railroad boom was a necessary introduction to mass production and the GDP rose by astonishing percentages - and some made their fortunes picking the right railroad stocks. So, not quite the bubble that you infer. I would be far more concerned if this bubble had anything to do with real estate, for example.