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To: TGPTNDR who wrote (22605)	12/15/2000 6:23:53 PM
From: Jim McMannis	Respond to of 275872

OTOTOTOT, RE:"Is this Japan '89?" The Nikkei hit 40k. Dow hit 11k. Nasdaq...5.1k Dow in a sideways correction for 18 months... If at all it will be the Nasdaq that ends up like the Nikkei. 40k then, 15k now. Low was in the 12ks I think. If it was related the Nasdaq would go to about 1.7k...but I don't think we can compare to Japan. Then again....some parts of the country can compare. Like Silicon Valley, San Francisco, Jackson Hole, Sun Valley, even NYC as far as bubbles... Worst part about Japan is they have been mired in a no growth scenario for 10 years trying to pare off the excesses...while teetering on depression. Jim

To: TGPTNDR who wrote (22605)	12/15/2000 6:26:03 PM
From: AK2004	Respond to of 275872

TGPTNDR re:Is this Japan '89? inflow of foreign money has not stopped yet so I hope ours would be shorter and less painfull Regards -Albert

To: TGPTNDR who wrote (22605)	12/15/2000 8:32:33 PM
From: combjelly	Respond to of 275872

"Is this Japan '89?" The situation is different in so many respects. Now if we hadn't gone through the savings and loan collapses and the downsizing of the 80's, then the situation would have been a lot closer. But those two elements have been reduced and that alone makes the situation different. Which is not to say that there is no chance of short term pain, but it won't be a general Japanese-style collapse. Japan is just now becoming dimly aware that they need to make some massive changes, or at least admitting that it needs to be done, that is why they have been stagnant for the past 10 years.