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Pastimes : Ask Mohan about the Market -- Ignore unavailable to you. Want to Upgrade?


To: jeff wheatley who wrote (11105)12/11/1997 10:26:00 PM
From: Bonnie Bear  Read Replies (2) | Respond to of 18056
 
jeff: my guess is that the bottom is a retest of last July lows.



To: jeff wheatley who wrote (11105)12/11/1997 10:59:00 PM
From: Joan Osland Graffius  Read Replies (1) | Respond to of 18056
 
jeff, >>They go up, they go down, they go back up.

I would make sure they are going up before I would buy in. "If" we have a period of economic downturn some of these companies will not be around to trade.

A little story here. My aunt owned RCA during the 29 crash and it was the "high tech" stock during the time, a sure thing. It lost 99% of its value. Fortunately she did not sell and the holding is still in the family, of course now named GE. Strange things can happen.

Joan



To: jeff wheatley who wrote (11105)12/11/1997 11:51:00 PM
From: kormac  Read Replies (2) | Respond to of 18056
 
Jeff, I agree that not all of Neitzche is worth remembering, but he has
some jewels. How about this one by Hegel. "History teaches that a man does not learn from history". This ought to be appropos the
present situation. BTW, the upturn in technology might be faster than we think because of rapid technological innovation . However, if this market goes down very low, some of the present players may go bancrupt and there may be some new leaders with NEW technology that will blossom. Hence patience and careful study is in order.

Cheers, Seppo