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Strategies & Market Trends : Waiting for the big Kahuna -- Ignore unavailable to you. Want to Upgrade?


To: robnhood who wrote (20617)6/17/1998 11:43:00 PM
From: James F. Hopkins  Respond to of 94695
 
RRman; It was a very good article , but lets keep in mind the mind
set of people he points out, so while these things will never make
any real money in the future, the stocks may still go up on the mania
of the hype.
It can take a long time for that to subside, any way
the hype stocks are a liquid driven market, full of speculators,
what will end it is a recession when people need the money to live
off of and can't afford to toss it at a future dream.

When more than half the companies go belly up, then the few remaining,
get some pricing power, then they will pick up, but by then Japan will have what is left, as their Government will keep them running through any down turn, even at a loss.
Jim