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To: Mary Cluney who wrote (143223)9/10/2001 5:10:20 PM
From: d[-_-]b  Respond to of 186894
 
Mary,

re: With some help, Germany and Japan did it in less than 20 years - I think this time, if a similar type disaster hits us, we should recomver in much less than than 20 years.



Remember they were helped out by us (americans) and our institutions and methods of conducting business and government were copied in many cases.

You may need to up the 20 year estimate if we are helped back from the brink by say Russia or China, for example North Korea has been recovering since the war for nearly 50 years and they still are a mess economically. Let's hope our rescuers are not from those two nations.

Are we allowed after an Astroid strike to select our benefactor?

Personally, I hope Australia helps us - I like they're style.



To: Mary Cluney who wrote (143223)9/10/2001 5:35:20 PM
From: Saturn V  Read Replies (2) | Respond to of 186894
 
Ref <Gloomy investor psychology >

The fall period, as we all know is the prime period for pessimism in the financial markets. The rapidly shortening daylight hours, the children going off to college, all contribute to a negative outlook. And unfortunately pessimism and panic are infectious, and this can cause things to get out of hand. So the biggest market crashes happen in the fall.

Is the worst over in this market ? I dont know ! The market can magnify the slightest problem to absurd extents, as you noted.

Business investment has come to a standstill. The consumer spending is down a little , but is still OK due in part to lower interest rates and tax cuts. But the rising unemployment can put a damper on that too.

So we can focus on the positives. The PC business and cell telephone business appear to be bottoming. So the worst should be over. Windows XP has both the sizzle and the meat to spark an increase in computer sales. Strategically Intel has never been stronger in computing than today ! The mid-range and X86 market, which Intel has dominated has grown much more than anyone ever thought possible ! Intel is also poised to to have a strong presence in the big iron business with the Itanium. And Intel is making major inroads into handheld computing. Which ever way computing goes, Intel will do fine. Intel's communication venture is an unknown, but has promise once the dotcom bust clears up.

A year from now Intel's traditional growth pattern will have kicked in, and the market pessimism will be history.