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Strategies & Market Trends : MDA - Market Direction Analysis -- Ignore unavailable to you. Want to Upgrade?

To: Hawkmoon who wrote (7278)	3/1/1999 10:09:00 PM
From: Terry Whitman	Read Replies (2) \| Respond to of 99985

>>But then again we have seen technological productivity and new technologies that didn't even exist 5-10 years ago, like the internet (yeah, yeah... I know, the internet is a Tulip Scam). The Internet is not the "radio bubble" of the 20's. Radio was a one-way medium strictly for advertising to the masses and TV was greatly anticipated as a result. << The internet is a great technology, still fairly new- but it aint gonna make us all rich. History is filled with great new technologies that hypnotized the public. Think about the telegraph. People could suddenly communicate (2-ways) at the speed of light. Imagine how exciting that would have been 150 years ago, when the quickest way to get a message to the next state was the pony express. Western Union shareholders were all certain that their stock would always go up- until the telephone came along and knocked them down to size. No, it is not different this time- It just seems that way from your perspective here in 1999. BWDIK, TW