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Strategies & Market Trends : The Stock Market Bubble -- Ignore unavailable to you. Want to Upgrade?

To: Rashid Garuba who wrote (1461)	8/31/1998 9:59:00 PM
From: set	Respond to of 3339

> The driving force behind these markets (technology) technology doesn't drive markets. technology drives fundamental improvements in efficiency and productivity which measures in the low single digits, and that during periods of maximum utilization.

To: Rashid Garuba who wrote (1461)	8/31/1998 10:00:00 PM
From: bobby beara	Read Replies (2) \| Respond to of 3339

Rashid, I agree, but technology is not going to drive a thriving economy, it is going to kill it. It has to this point, but the bubble economy the market only goes up has burst. it's a no brainer. The driving force behind these markets (technology) is not a passing fad I agree, but tech invites deflationery pricing problems (semi's, DD's, etc), as more producers start selling on the web, price becomes a primary importance above service, human contact, etc. this will drive margins very low and cause producers to seek even more automated procedures and cut jobs. IT SUCKS!