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To: michael97123 who wrote (24037)8/22/2001 2:57:18 PM
From: sea_biscuit  Read Replies (1) | Respond to of 25814
 
OT: Mike,

It won't be the end of the world, and you can be sure that I am not rooting for it. If that were the case, why would I even talk about IWN's prospects then, huh?

The 70's were difficult but we made it through to the next century, didn't we? My point is just that the future performance of the markets, especially the large cap growth stocks, will not measure up to investors' current expectations.

Take any tech stock and tell somebody invested in it that it will double in 4 years. What do you think will be the response? We are talking about 18%+ compounded annual returns and investors don't think that is great! That will be the source of the disappointment.