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To: Dwight E. Karlsen who wrote (8448)	7/2/1998 12:22:00 AM
From: Mark Fowler	Respond to of 164684

The stock bubble will burst eventually, as surely as the sun has set tonight. Jeff or someone mentioned that these companies are being bid up in anticipation of what they will be worth 2 and 3 years down the road. Fine. But how many people day-trading the stock right now will still be day-trading from the long side in even 1 more year? My guess is nobody. So the bubble will burst well in advance of the outcome of the vaunted "worth" 2 and 3 years down the road.<<< Ok great, however i don't see it the way you do nor does the market.