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 : Amazon.com, Inc. (AMZN) -- Ignore unavailable to you. Want to Upgrade?

To: Bill Harmond who wrote (108275)	9/11/2000 2:27:36 PM
From: GST	Read Replies (1) \| Respond to of 164684

William: I would need to go back to see what happened to tech in 73 and 79 -- but, generally speaking, I would not expect to find a robust stock market in the aftermath of those oil shocks -- and we are not having a shock in the same sense now, even if the price movement has been significant in the past year. And neither of those periods were preceded by the extraordinary bull market that we have enjoyed. Yes Virginia, there is still a business cycle. Find me the stocks that in 73 were trading at multiples like JDSU is trading at now, and show me they did well in 73/79, and then I will see your point.