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

To: Lucretius who wrote (42394)	1/7/1999 7:25:00 AM
From: wlheatmoon	Read Replies (4) \| Respond to of 132070

LT, et.al., Just thinking about how this market might be crazy, but maybe we're the ones who are unrealistic and shortsighted. The current explosion is unbelievable, but as most have already said, where are most people going to put their money? For the 25 year old who has grown up on the web/net, CNBC, cable television, telephone, presidential impeachment (had to throw that in), the stock market is and will be the place to invest for the next 25-40 years. Althought MSFT, CSCO, DELL, AMZN, YHOO, etc. may be overvalued, there is no other place than the market for the long term investors. The recent overspeculation may be foolhardy, but the buy and hold investor in the year 2025 will have earned about 10-15% on his investments, regardless of what the market is today and what it does next year. Any reason to think that will not occur? I have almost no doubt that will be the case. MSFT, CSCO, DELL, AMZN, YHOO may all come and go and be the next garbage company, but the money will roll over into the next flyer and superachiever. Just invest in a couple of good funds and then relax. JMHO. mike