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To: H James Morris who wrote (114830)1/9/2001 12:19:49 AM
From: GST  Respond to of 164684
 
Productivity improvement is the only way to create wealth and improve living standards. Everything else is just redistribution. We have seen substantial productivity growth and have benefited from it enormously -- but we have also seen substantial redistribution through the stock market which came to resemble a ponzi scheme. The latter is a cancer undermining markets and creating imbalances. Fortunately, stock prices in some of the worst offending cases have come down to merely "over-valued" levels and we can move forward again -- just not like we did before. Now it will take valuation skills, business intelligence and patience.



To: H James Morris who wrote (114830)1/9/2001 12:21:55 AM
From: Mark Fowler  Read Replies (1) | Respond to of 164684
 
Jim what were those two stocks you bought today? In short sentence, i like to know why you think they a good stocks if you would please i got lots of cash on the side lines.



To: H James Morris who wrote (114830)1/9/2001 10:06:08 AM
From: JHP  Respond to of 164684
 
Funny about Kurzweil, his business Kurzweil Voice did fraud and the stock went from 30 to 2 and then bought out by L&H and you know the rest of the story!
regards john