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Pastimes : Clown-Free Zone... sorry, no clowns allowed -- Ignore unavailable to you. Want to Upgrade?


To: Lucretius who wrote (14721)8/30/2000 10:10:37 AM
From: Gary M. Reed  Read Replies (2) | Respond to of 436258
 
<<<this merger reminds me of the C merger in 98... it marked the peak....>>>

Reminds me of the peak in the real estate market--when the Japanese came in and paid astronomical prices for stuff like Pebble Beach. Japanese ClownBux were chasing U.S. real estate at the peak the same way European ClownBux are chasing U.S. financial institutions today.



To: Lucretius who wrote (14721)8/30/2000 10:12:50 AM
From: MythMan  Read Replies (1) | Respond to of 436258
 
It marked a temporary top, long since broken. Also, Russia/LTCM was just around the corner. That is what broke things...