Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : The New Economy and its Winners -- Ignore unavailable to you. Want to Upgrade?

To: Sultan who wrote (11363)	5/7/2002 2:20:55 PM
From: 16yearcycle	Read Replies (1) \| Respond to of 57684

I think we could well nearly repeat the period from 1992 through late 1998 from here until the end of the decade. We could well get a very big expansion of peg's between now and then. We have deflated from peg's of 3 down to 1, and an expansion back to 2.0 is more likely than not, imho. Or maybe we will never come back, and we have become Japan. Everyone seems to believe that one.

To: Sultan who wrote (11363)	5/7/2002 3:34:29 PM
From: 16yearcycle	Read Replies (1) \| Respond to of 57684

It's going to be classic. At the very moment that a massive upgrade cycle will begin driven by increased economic activity and push outs of cap ex, everyone has given up. A company with a near monopoly in the domain market sells at 10x earnings and 2x cash and securities. Another company that virtually owns the net, wcom, is selling at 2x cash and securities. And everyone thinks things are expensive. Stocks are going down because they are going down. This is the great idiots market. All the idiots are doing pretty well. It's won't always be this way, it just seems like it now.