Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : Cisco Systems, Inc. (CSCO) -- Ignore unavailable to you. Want to Upgrade?

To: Road Walker who wrote (39311)	8/10/2000 12:49:44 PM
From: michael97123	Respond to of 77400

Well said John, Earnings are growing, interest rates are declining, little or no inflation, new technology spurring productivity, and the market PE down 23% in the last 12 months. Sure sounds like a bubble to me <g>

To: Road Walker who wrote (39311)	8/10/2000 1:01:20 PM
From: Skeeter Bug	Read Replies (2) \| Respond to of 77400

john, if large segments of this market aren't a bubble then no market has ever been a bubble. greed blinds folks to bubble existence. that is one major reason why they can exist since, by definition, they are irrational whil;e most folks are rational w/o greed's influence. however, many folks see the bubble for what it is, freely admit it and play anyway. other folks, like warren buffet, see the bubble for what it is and make statements about this being an unprecedented time for company owners to monetize shareholder ignorance - none of whom, btw, see themselves as ignorant. Market Highs Market Capitalization As % of GDP : 1929 87 % 1968 76.4 % 1973 85 % 1987 66 % Now 171 % john, don't let reality get in the way of your perception ;-)

To: Road Walker who wrote (39311)	8/10/2000 2:41:47 PM
From: kvkkc1	Read Replies (2) \| Respond to of 77400

Contrary to your post, Bambs was right about the bubble. However, it existed for the most part in the pure internet sector. The mistake he and others make is in trying to apply that theory to the entire market, regardless of future prospects. The internets went up with no earnings in view for years. That bubble has popped, and a lot of hot shot mm's got killed. It will take some time for those psychological wounds to heal. The networking sector is another story altogether. There are plenty of earnings and revenue.knc