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

To: Ilaine who wrote (42202)	1/4/1999 10:46:00 PM
From: HG	Read Replies (3) \| Respond to of 132070

<<you might be too mature to hit my weak spot>>> What is your weak spot ? <grin> If you think I'm a senior citizen, you're wrong. If you think I'm blond and dazzling, you're ___ (why don't we leave it at that ?) Yep, prices will continue upwards unless something external hits the scene. Could be the october phobia, the y2k issue. But one fine day the people will not wake up and say - enough, we don't want to make more money. And since we all agree there is no product, there can never be any value analysis. Internet is a lifestyle. What value will you give to a lifestyle ? Limitations of economics. Grains - see that's different, its a product, and its finite - there are only so many grains in the world. And we have to exactly double the grains. We don't have those rules in this game. How many PCs do you predict ? How many technologies ? How many eyeballs ? Do you count children ? Do you count the yet unborn citizens of tomorrow ? Do you count senior citizens ? Do you count housewives ? How can you count them ? Too many unknowns. Infinity. Unpredictable patterns. Earnings are increasing at a specific rate, why can't the price increase at the same rate in the short term ? Especially if internet has infinite potential. Again I'm not justifying this line of thought. I'm vocalising perceptions. Why the stock is not easy to break. It pays to understand the underlying psychology of the crowd, even though you may not agree with the crowd. And of course the classic - who will bell the cat ? If you were aninstitutional investor, would you rock the boat when it was going your way ? We need a reason to sell, a reason that will reward selling.