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To: JGreg who wrote (8767)11/28/1998 11:39:00 PM
From: Sigmund  Read Replies (1) | Respond to of 14266
 
<<<< Is anyone concerned that when the internet bubble bursts, the entire market will crater,<<<<

I wouln't be very concerned for many reasons:

1. Internet is for real and growth rates of 300% justify high multiples.

2. Overall market is likely to remain strong into early next year.

3. Internet stocks probably represent only a miniscule percentage (under 1%) of total market capitalization. So a downdraft there is not likely to cause much of a problem for the overall market although it will impact certain investors big time.

I think we have clear sailing through Jan 15.