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Technology Stocks : Apple Inc. -- Ignore unavailable to you. Want to Upgrade?

To: Lizzie Tudor who wrote (42254)	1/11/2005 9:51:39 PM
From: Done, gone.	Respond to of 213182

5 years ago Is when it all fell apart. finance.yahoo.com^IXIC&t=my&l=on&z=m&q=l&c= So maybe you meant 10 years ago.

To: Lizzie Tudor who wrote (42254)	1/12/2005 3:05:07 AM
From: Doren	Read Replies (1) \| Respond to of 213182

you have just articulated one of the problems in the economy which we did not have 5 years ago. If we could just get the stock market going again lots of technology companies are going to sell a lot more than they do now. Technology companies ARE selling tons of stuff right now. Cruise missiles to replace the thousands we used, night vision goggles, laptops, networks, software, radar, spy satellites. That's a lot of engineering talent and technology sucked out of the private sector. Someone will have to pay the bills that the deficit we are incurring represents. Traditionally the government has used inflation to trade less expensive post inflation dollars for more expensive debt incurred dollars. Of course your average Joe is paying gas tank bills that are 2X as much as they were just two months before the crash which is when oil prices doubled. Business of every kind are paying more for heat, light and shipping. The energy situation is not going to get any better with no energy policy in this country. Plus the dollar falling, so any overseas goods are rising in price, and the Chinese are becoming a monster. I think it's going to be awhile before the stock market sees the kind of gains we made during the roaring 90s. I'm guessing that it's going to be more of a place to park money to protect equity for awhile so it won't be bad but it won't be great either. Unless you make great picks like many here did a couple of years ago when they bought into Apple. The voters have spoken just as they did in 1968 and 1972.