Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Politics : Ask Michael Burke -- Ignore unavailable to you. Want to Upgrade?

To: IceShark who wrote (34640)	10/27/1998 8:28:00 PM
From: Ilaine	Read Replies (1) \| Respond to of 132070

>>>>>In any event the current market is at nose bleed levels, the only question is by how much. And knowing precisely by how much does little good when trying to figure out when a mania will come to a screeching halt.<<<< IceShark, this is true. Still, maybe there are similarities to economic changes in Spain when the Mexican silver and gold started coming in. (Or France, when the sugar money came in, or Netherlands, when the spice money came in, or England, when the pirate money came in, or Colombia, when the cocaine money came in.) Those "structural changes" are not trivial. I am not saying the market won't crash. I am not saying we won't go into a recession, or worse. But, IBM at 148, IMHO, is not in the same league as buying a coach and six with a tulip bulb. CobaltBlue