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Non-Tech : Bill Wexler's Dog Pound -- Ignore unavailable to you. Want to Upgrade?

To: Bill Wexler who wrote (6876)	2/25/2000 4:11:00 PM
From: Smilodon	Respond to of 10293

Yeah, but the 50's had the post-war boom. We have been in a boom economy for a long time (20 years). I think this is more likely to be like the 1960's or 1920's. And buying GM in 1920 did turn out to be OK, eventually. But buying Nash or Studebaker wasn't so good. <<Barring unforeseen cataclysms, I expect that 20 years down the line, we'll be looking at the year 2000 valuations of some of these "new-economy" companies the same way we look at the valuation of General Motors and IBM in the 1950s.>> Of course, if they weren't unforeseen, they wouldn't be so bad.