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Politics : Idea Of The Day -- Ignore unavailable to you. Want to Upgrade?

To: Tom Trader who wrote (15387)	12/9/1997 10:04:00 PM
From: Cynic 2005	Read Replies (2) \| Respond to of 50167

Tom, <<the tail-end of the bubble is when things get quite frantic with everyone buying like there is no tomorrow--it occurred in all of the Asian countries that you cited but IMO has not occurred here as yet >> That is just your assessment. But, me asks you what makes you think that a blow-off rise of 35% from April lows to August highs is not a blow-off-top phase for this bull? During that time, we didn't witness problems in Asia and LA. Now we do! BTW, before the call goes out, listen to the Oracle conference call. That is a rude awakening to many complacent bulls. This Asian debacle as lot more impact than you would imagine. Now that you told me you are a cisco bull, you may want to take a look at what I think about it. Message 2919400 A factoid reg networkers: Networking equipment sales growth slowed to 16% rate in 1997 (26.4 bil from 22.8 bil in 1996.) In 96 the growth was 48%. Cisco, 3COM, CS and Bay grew more than 16%. Source: Today's IBD, page 2! Good luck! -Mohan