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Technology Stocks : How high will Microsoft fly? -- Ignore unavailable to you. Want to Upgrade?

To: Dave who wrote (60835)8/26/2001 3:35:54 PM
From: Bill Fischofer  Read Replies (2) | Respond to of 74651
 
Re: Irrational Exuberance

Greenspan made his famous "irrational exuberance" speech in December 1996, not 1989. At the time the S&P 500 was trading in the mid-700s, the Dow around 6500, and the Nasdaq around 1300.



To: Dave who wrote (60835)8/26/2001 3:55:39 PM
From: TideGlider  Respond to of 74651
 
That certain was interesting. Having read another reply placing the date of Greenspeak at 1996, it still represents a serious increase in todays relative value to that of 1996.

Here is a scary chart for ya...

lowrisk.com


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