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

To: Tommaso who wrote (2000)	10/6/1998 10:07:00 PM
From: bobby beara	Respond to of 3339

That Red Herring thing is still preaching the old dogma .. . amazing how the financial community continues to ignore the obvious. In my business (printing), technological equipment reduces itself in price by half every 1-2 years. I'm not talking desktop computers, I'm talking big cash outlays that take 5 years to amortize - that can make or break a business. This is putting a giant profit squeeze on companies that time their purchases just a little wrong. When the economy is hot you can get away with mistakes, a slowdown will punish even small sins. bb