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Strategies & Market Trends : The Residential Real Estate Crash Index -- Ignore unavailable to you. Want to Upgrade?

To: Mark Ivan who wrote (255)	8/17/2001 5:15:36 PM
From: HammerHead	Read Replies (1) \| Respond to of 306849

BIll Wolman on CNBC just mentioned one analyst predicts coming real estate crash even worse than Nasdaq's bubble burst, anyone knows who is the analyst Bill referred to?

To: Mark Ivan who wrote (255)	8/17/2001 8:01:56 PM
From: Skeeter Bug	Respond to of 306849

>>Skeeter, I respect your knowledge, but knew is a strong word here. You've been predicting MU is going to $0 for quite some time now. As you know, it is $70 or so pre-split nowadays.<< not at all. micron does have the fundamentals for a single digit stock. it will get there unless something really major happens (korea let's hynix fall off the face of the earth). i b* about the bubble for a good 2 years before it got cut 60%. i heard the above comment with regard to other stocks so many times i can't tell you. i don't know when - i'd be filthy rich if i did - but i know it will happen. why? b/c, ultimately, we live in a rational world. >>What you don't know is when the insanity will end<< totally agree. i'd have billions if just knew when -ng- >>I know things can get worse. They can get a lot worse. I just do not think it is going to happen now. We've suffer a lot relative to where we have been. Relative is the key word there. That's why I think we rebound and are near a bottom. Nothing says that in 2 years we might be a lot worse off than today.<< this seems to be a very possible scenario. >>Comapring us to the Japanese is not a fair comparison<< true enough. however, lowering rates isn't a panacea for all problems. it will work... until it doesn't... when it doesn't... history tells a bleak tale. i HOPE history is wrong. however, i have to RESPECT what it tells me, too.