To: Box-By-The-Riviera™ who wrote (20549 ) 8/13/1998 11:30:00 PM From: joe Read Replies (1) | Respond to of 45548
>>that a bear market and a recession are now considerably more likely than not likely<< this is where you and I disagree. I think it's the other way around. More likely not to happen than to happen. >>although a bear market and a recessionary economy would not help 3com AT ALL<< true, but IMO, we haven't seen definite signs of a recession or bear market, so I'm not going to automatically assume they will happen. >>Regarding this BS about interest rates cannot be low in a bear market or a recession.....absolutely untrue....<< I tried to tell you that in my last post. I know it's possible to have a recession with low interest rates, but we haven't had an occurence of that since 1929, I believe. Instead of talking about all these hypothetical what ifs, what do you think will cause a bear market or recession? >>all values are relative...... asia, CRB commodities index, oil, and yen...for examples....have returned to 10 year ago levels.... if you then assume all markets will align backward.....allow for a time value of money appreaciation of capital (a premium to the worth of US Assets)<< I'm trying to understand what your saying, but to be honest, I don't think I catch your drift. You seem to be saying that commodities and raw materials are getting a lot cheaper. I don't see this as a problem. I see this as a huge advancement in civilization. It means that somebody is being a whole lot more productive and efficient, namely the US. Once E.Asia gets it's economies working like they're suppose to in a capitalistic civilization, this mess will clear up. In the mean time, we will struggle, but we will have enormous advantages on adapting to world events. E.Asia, I feel sorry for, seems very hard for some of those countries to get out of their trap. These countries will starve to death unless we feed them. Rediculous situation considering that the technology is around to easily overcome these type of horrible problems. The US and Europe still have a whole lot of options left.