To: don tang who wrote (116402 ) 4/11/1999 11:26:00 PM From: John Chen Respond to of 176387
Tang,re:'...work hard and save hard'. Boy, where have you been. Buy some DELL, xxx.com before it's too late, or you will be SO POOR due to 'financial asset inflation'. The other 'inflation' quoted are for the poor since they use the 'poor inflation index', like buying milk or daily must have ( I believe the 'poor inflation index' don't include 'housing' since the poor guys just pay rent and rent- price is not included in the equation ). The 'rich inflation index' is at least 50-1000% a year, if you want to be a DELL/MSFT/Mama.com stock owner, you know what I mean. Looks like DELL is eating everyone else's lunch, including IBM. I'm not a DELL owner, but this Co. is 'something else'. That Michael Dell is not your normal CEO and he is probably surrounded by people of similar quality/vision. Well, when Japan PEAK, (what, 10+years ago!!!. Whoa), the rich is still rich (after certain number, it's almost meaningless), those guys still drive (BMW/Mercedes), price is still relatively high in Tokyo. I just read a news about a 'bridgestone employee' commited suicide in front of his boss when he was asked to 'early retire' at the age of 57. I believe that was the beginning of the 'U.S' bull market when 'restructuring' started. So, loadup on Japan if you see more and more people 'commit suicide' and government reporting 'economic-recovery' is finally in force. The reason the 'INTERNUT' is so popular is that is the 'ONLY HOPE' people feel they can 'make it'. It is a 'HOPELESS society' and the whole country preach that. Every single day, the media, the government and I don't know what's really behind it, you are either 'rich' or 'poor'. This is why things go thru cycle, some 'natural force' just doing its thing quietly and the machine (actually the human beings) just follow the order and self-destruct and then start over. YOU CANNOT WORK HARD AND SAVE HARD to keep up with the 'rich inflation index', PERIOD. You can make a honest living, though. Be honest, Tang, do you want to make a 'honest living'??? You want to be an 'honorable poor man' and be look down? Maybe you own 'Gillette', which missed 1penny and dropped 15% in a day with a PE of 50 instead of the INTERNUT's 'virtual.PE of 10000' and the more it loses the more the price goes up because of ... some reason. 'imminent market downturn', there will be one, but not yet. People seems to think 'asia recovery' is good for U.S. I believe when it does, some guys will give you a reason to dump 'U.S' stock, watch out. It's a casino for the rich and smart. I'm happy to be part of the show.