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To: bobby beara who wrote (103676)9/4/2001 12:52:57 AM
From: limtex  Read Replies (3) | Respond to of 152472
 
bb- linear thinking which was rewarded in the last half of the 90's, will be demolished in the new millenium.

For ever? Till the year 3,000 till the year 2100? 2020? when?

Is business over? Is the market economy finished? Is this the crisis of capitalism? Are we about to revert to Marxism?

What?

Slump well maybe or even probably. And the worst in history? Well good chance. But for how long...well here is my prediction;_

NOVEMBER 2004. That is the month that the madness ends. The DEms will come to the election on a platform of its the economy stupid and if all the dire predictions on this and other threads are true then GW will still be at the helm in the middle a this economic mess in Nov 04 and he will be slung out just like his Dad was.

And as for what the incoming administration will do...well how about a "New Deal". Alternatively get rid of the elderly cabal in the FED open the windows and let some fresh air in. That should be anough.

Maybe get Rubin back.

Best regards,

L



To: bobby beara who wrote (103676)9/4/2001 10:18:57 AM
From: waverider  Respond to of 152472
 
LOL, never have heard suggesting great stocks deserve high valuations as FUD (fear, uncertainty, and doubt!).

Anyway, I should have said great stocks have USUALLY sported high valuations. It is of course relative to the surrounding environment.

I doubt Intel will ever sport single PEs again by the mere fact that it is now a mature company with a lock on their market.

<H>