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Politics : Formerly About Applied Materials -- Ignore unavailable to you. Want to Upgrade?

To: John Trader who wrote (60227)	2/11/2002 12:53:49 PM
From: mitch-c	Respond to of 70976

<sneer> He's a century too late - "everything was already invented" at the beginning of the 20th. Luddite ostrich, linear extrapolator. Technology development tends to be discontinuous-geometric, not linear. Tech companies (and stock values) tend to follow. If he makes the assumption that no new technologies or companies can enter the NASDAQ, I'd agree that it will take a decade to crack 5K. I think such an assumption is unsupportable, so I disagree with his conclusion. - Mitch