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To: Victor Lazlo who wrote (148602)10/9/2002 9:27:26 AM
From: Oeconomicus  Respond to of 164684
 
Well, to be fair, there were many bears (whether they were "perma" ones, I don't know) who, though they didn't become bulls, gave up fighting the bull and just left. Others, like me, never bought into the new economy, "old rules no longer apply," BS, but still failed to take the cash and walk away when we knew it was insane.

So, the question now: Just how insane will things get in the other direction before investors realize that whole industries aren't going to just disappear?

BTW, I hear we don't need power plants any more. Or phones. Or internet access. I guess that's because we won't be using computers, the software that runs on them, or the web sites we access through them any more.