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To: Don Westermeyer who wrote (2409)11/4/1997 10:34:00 PM
From: purecntry5  Respond to of 27307
 
My point is that everyone is buying too far into THE FUTURE. YHOO this in year 2002, AMZN that in 2004, AOL in who the hell knows when. HOW FAR OUT ARE WE GOING TO GO??? At some point it has to break down and come back to earth otherwise we will be investing for 2010 results in AOL next year. I agree there are some(precious few) good companies with good valuations...but guess what...NO IS INTERESTED IN THEM because the "CROWD" isnt. Chasing some of these maybe-baby technology stocks is where the madness is. PONZI is alive and well in US 1997 and I have been as guilty as the anyone.

Cowboy Brett