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To: Archie Meeties who wrote (2616)	7/7/2000 3:58:36 PM
From: re3	Read Replies (1) \| Respond to of 436258

arch, in the old days people distrusted the mkt, and their eyes popped when pe's got into DOUBLE digits. and they insisted on DIVIDENDS. do people change ? not really. i believe they will revert to this sort of thinking, and hopefully, i'm still kickin' when they see the light <g>

To: Archie Meeties who wrote (2616)	7/7/2000 4:00:08 PM
From: pater tenebrarum	Read Replies (1) \| Respond to of 436258

you seem to want to engage in semantic hair-splitting here. by all objective measures, this is a bubble. if not to historic precedent, to what would you like to compare it? i actually don't believe it will be pierced by an external event...it will collapse on itself, as soon as credit expansion hits its natural limit (since the CB's do nothing to inhibit credit expansion).