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Technology Stocks : Lucent Technologies (LU) -- Ignore unavailable to you. Want to Upgrade?

To: Sawtooth who wrote (4515)	10/4/1998 2:27:00 PM
From: yard_man	Read Replies (1) \| Respond to of 21876

OFF TOPIC: Tim, Mostly I've been looking at the markets around us -- very convinced by what has been happening lately in Germany, the failure of Japan to pull out of it's slump and our economy looking "too good." Greenspan's "oasis of prosperity" remark is dead on, though he is somewhat to blame for the "bubble" in asset prices. I have no idea what or when will swing investor sentiment at large the other way -- just convinced there is a high probability of this happening. If nothing else, the fantastic % returns garnered by those in stocks in the past 5 years w/respect to historical norms -- should flash a caution signal to anyone who invests in stocks. The only "difference" now that I see is 1) very high public particpation and 2) a huge industry (again on a historical basis) which is bent on selling financial assets to the public. Recipe for disaster if there is a real swing in sentiment. Good luck. I know a fellow who thinks we are headed for a '29 style disaster or worse. I don't know, but he has some good reasons to think about. If I can find the post I will put it here. Regards, Tippet Message 5798351