To: Robert Scott who wrote (168382 ) 1/12/2002 12:25:40 PM From: Sig Read Replies (2) | Respond to of 176387 Nice curves. Should have more volatility tho. There is less response each time Mr Greenspan acts, and the acting must end soon. So the market will more respond to economic conditions which have began to improve. I think individual investors can live with the result If the market goes up overall, then we gain only some feeling of confidence, but make no gain in economic position unless our chosen stocks outperform the average. Especially since funds and brokers absorb perhaps 5% of those gains. Most of the blame for the bubble has been attributed to the tech stocks, a scapegoat for the all the bad that happened. Thats overdone. Some of the blame rests on old line companies who failed to buy and implement technical efficiencies (or stopped buying when the economy tanked). In the now fierce competitive environment, they will have to implement new efficiencies like B2B purchasing. Keep daily track of sales and inventories.Advertise and sell on-line which seems to a healthy business requiring bandwidth Add GPS and computers to cars<G> Technology is not dead. Events like the Olympics , and chasing down terrorists, will be using more technology, not less. In comparing Dell with a stock like Ford, the debt of Ford has risen from 8 times equity to 12 times equity. Is the company making money today? Or is it another Ene waiting to crash when cars sales decline and bonds get downgraded? Compare the readable Annual report of Dell to the indecipherable one of IBM Just to say that equities are risky, that Dell best "tells it like it is", makes known their aspirations and activities and is trusted world wide. Sig . . . .