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Politics : Formerly About Applied Materials -- Ignore unavailable to you. Want to Upgrade?


To: Gottfried who wrote (20948)6/28/1998 2:07:00 PM
From: Big Bucks  Respond to of 70976
 
GM,

But, since the genie is out of the bottle, we got to ride the tiger. <how's that for a mixed metaphor?

That's a great line!! As long as the tiger doesn't bite us in the
A$$, and the genie doesn't make our investments disappear!

BB



To: Gottfried who wrote (20948)6/28/1998 2:09:00 PM
From: 16yearcycle  Respond to of 70976
 
This parallels the 1880's, the 1920's and the 1950-60's, in our country. There was a horrible, enduring,wreck at the end of each period, although there was a faster rebound after industrial boom which led to the bank failures, and the severe recession of 1893-94. I continue to see no comparison to the ongoing Japanese disaster, yet.
I'll change my mind if we see dow 70,000 in about 12 years.

This situation deserves our attention. There is vast wealth to made for an individual who can ride this for all it is worth, step aside when disaster strikes,( or survive the fall with approximately the same level of assets), and get back in when the world looks like it will end any day. It took 24 years to recover from the 1929 fiasco, and 15 years from the 1965 top. There is no way that there will not be a disaster when the boomers start withdrawing money in shiploads in 10-12 years. The only question is whether the fed can prevent a huge boom before then by keeping rates high. The fed is really stuck now because of Asia, and can't raise. I am hoping that Japan will get their act together enough to pull out of the recession, which will allow the fed to raise and put a slowwwwwdown on this madness. At least temporarily.



To: Gottfried who wrote (20948)6/29/1998 8:52:00 PM
From: Teri Skogerboe  Read Replies (2) | Respond to of 70976
 
OT/OT, (Viagra related)
GM, Re: "But, since the genie is out of the bottle, we got to ride the tiger." GoshIloveit...u r too funny.

excerpt from Fortune's StreetLife column on Viagra....

VIAGRA WORRIES.... Pfizer stock sagged again after more
reports of deaths among men using the anti-impotence
drug. This story intrigues me for a number of reasons.
For starters, it should be interesting to see whether
even the risk of death would discourage men from taking
this drug. More seriously, I'm curious to see how
Pfizer goes about determining whether Viagra caused
these deaths. With so many people taking the drug, it's
inevitable that some users might die from causes that
have nothing to do with Viagra. Whatever the case, this
is one big PR headache. No doubt people at Pfizer's HQ
are meeting right now to discuss it. PFE dropped 2, to
109 15/16.