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

To: Peter Singleton who wrote (42705)	1/8/1999 3:42:00 PM
From: Knighty Tin	Read Replies (3) \| Respond to of 132070

Peter, As Adam told Eve after they ate the apple, "Stand back, I don't know how big this thing is going to get." <G> I could certainly be wrong. But the feel of Japan, energy, gold, electronics, silver, biotech, etc. was very similar when I was going through it. Now that Amazon is worth more than the Singapore Stock Exchange, I have to admit that this may be the defining bubble of the industrial age, not just another in a long line. I suspect it isn't, but it could be. MB

To: Peter Singleton who wrote (42705)	1/8/1999 6:53:00 PM
From: Mike M2	Respond to of 132070

pete, The high Tech Strategist is inexpensive $95/yr. published monthly. 3 mos. trial for $30 . Send a SASE and u will probably get a free one. The High Tech Strategist PO BOX 3133 Nashua, NH 03061-3133 I have been a very happy subscriber for several years. Mike

To: Peter Singleton who wrote (42705)	1/8/1999 6:55:00 PM
From: Mike M2	Respond to of 132070

Pete, my feeling is this bubble ranks up there with the mother of all bubbles. Mike

To: Peter Singleton who wrote (42705)	1/9/1999 10:42:00 AM
From: Tommaso	Respond to of 132070

"We're just in the middle of it, and can't grasp just how big it is." I think some people on this thread do grasp how big it is, but I think to most of the people I know it's as invisible as a tsunami that is still a thousand miles out to sea. As angry as I was at Greenspan for perpetuating the speculation, I do think that he knows it for what it is and is trying (ill-advisedly, because too early) to make sure there's enough cash around so that a severe recession does not turn into depression. On the other hand, if the Fed had not made those cuts it would never have been possible to get 2001 puts on Amazon at the current prices. Just hope the government doesn't declare them illegal and confiscate them if the stock goes back to what it was six months ago.