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Strategies & Market Trends : The Stock Market Bubble -- Ignore unavailable to you. Want to Upgrade?

To: Dale Baker who wrote (3236)	6/10/2000 5:38:00 PM
From: Tommaso	Read Replies (1) \| Respond to of 3339

Well, yes, life will go on and the money that is committed will go to more fundamental needs, especially energy, without which we can't eat. Natural gas is used to fix nitrogen for fertilizers. The point was not that networks and computers are a kind of economic froth and, as you imply, are not nearly as essential for much of what we do as a lot of people think. You cannot grow food, heat a house, or power any mode of transportation with high tech gadgets. But a fascination with these gadgets has skewed many people's perceptions--such a those that find it quite natural that the capitalization of Qualcom at one point was more than twice that of General Motors--and sixteen times that of a major electrical utility like Consolidate Edison.Or equal to AT &T.