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Non-Tech : Tulipomania Blowoff Contest: Why and When will it end? -- Ignore unavailable to you. Want to Upgrade?

To: Leeza Rodriguez who wrote (469)	1/2/1999 12:08:00 AM
From: EL KABONG!!!	Respond to of 3543

Leeza, Excellent post, and a great example of independent thinking. KJC

To: Leeza Rodriguez who wrote (469)	1/2/1999 12:14:00 AM
From: Bonnie Bear	Respond to of 3543

But here's the dilemma.. yes, productivity drives the bandwagon. But..you'll also find that sales per employee drives valuations as a quite reasonable predictor of stock price..the fewer employees the better... In an internet deflation, salaries should go down and jobs disappear. And unemployment should increase. China, Japan, Europe are all faced with double-digit unemployment (Japan does, does not count women etc ) and these companies cannot sell to each other forever. If there's nobody left that makes a product, who they gonna sell to? I smell a big whiff of resurgent global socialism in the air along with the scent of tulips. -g-