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Politics : Formerly About Advanced Micro Devices -- Ignore unavailable to you. Want to Upgrade?


To: kapkan4u who wrote (112982)5/26/2000 2:33:00 PM
From: EricRR  Read Replies (2) | Respond to of 1572172
 
<i Another big negative is Japan. The government bureaucrats have been wasting trillions on public works projects instead of cutting taxes. The deficit to GDP ratio is enormous and their structurally inefficient economy is stalling again. They will probably trigger Asian crisis #2, which coupled with high interest rates in US, will be very severe. /i>

I disgree about Japan. Their bureaucrats have screwed things up with Keynes' BS, but the economy though has so much unfufilled potential. All they need is some political backbone for major deregulation. Strip out all those damn distributers. Force open books, and dept write off. The place would take off.



To: kapkan4u who wrote (112982)5/26/2000 2:36:00 PM
From: chic_hearne  Respond to of 1572172
 
Re: The cycle has to run its full course, which would mean CISCO at around $100B in market cap

Kap,

That's my thought EXACTLY. This volitility will not end until the nonsense with ridiculous valuations ends. The problem is the small caps have been destroyed already. Now it's time for the big boys like CSCO, SUNW, ORCL, NT, JDSU, etc. This will probably crush everything in sight. I'm still expecting to see a few more of these days where the Naz is down 10% (at least intra day).

chic