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Strategies & Market Trends : Booms, Busts, and Recoveries -- Ignore unavailable to you. Want to Upgrade?

To: SouthFloridaGuy who wrote (8267)	9/6/2001 12:16:41 AM
From: Maurice Winn	Read Replies (1) \| Respond to of 74559

Jeez NYCB, you sure know how to make a guy nervous. I'm out here on the farm, on the other side of the planet and I don't get to see up close and personal all that stuff you described. Which shows the value of cyberspace and why it's not going away though the owners are changing quickly. I do know the party started way before Y2K. I know it was already exciting by 1995. It was going way back in the 1980s. In fact, my party started about 1966 when I made a little pile out of Mount Isa mining shares [enough to upgrade my motorbike]. I don't think the Dow and S&P need go down like the dot.coms and telecosm needed to. The P:E on the Dow is 22:1 which beats interest rates [although those earnings are no doubt dropping]. Mqurice PS: What's a martini? At US$12 that's NZ$28 so I guess it's some electrical appliance. Just kidding, but I can see why Americans laugh at Kiwi prices.