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Strategies & Market Trends : Rande Is . . . HOME -- Ignore unavailable to you. Want to Upgrade?


To: The Flying Crane who wrote (49562)3/21/2001 3:25:06 PM
From: Rande Is  Read Replies (3) | Respond to of 57584
 
. The new economy was based on uncharted territory- an unknown and unproven scenario that fueled our imagination which in turn drive the Nasdaq into bubble territory.

I believe that fibre optics is better than POTS. Is it unproven because there is more POTS out there than Fibre? Yes, it fuels our imagination. Yes, it drives the Nasdaq. But you speak as though the technology is invalid, just because the stock market is in a chokehold.


Alas, the internet-based economy turned out to be not so hot, money couldn't be made in the new economy. Perhaps, we are ahead of ourselves in our expectation of the new economy?


Tell that to Steve Case and America Online, who recently closed the most impressive merger deal since the days of Morgan and Getty.

Money couldn't be made in the new economy.

If you truly believe that, then we have nothing to discuss here and you are on the wrong thread. In fact, this whole community is about tech stocks. Perhaps you would do better on Motley Fool. Some there believe like you. . . that technology is phony. . . the internet is a fad. . . and anyone who thinks otherwise is a FOOL.

Rande Is