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Politics : Formerly About Applied Materials -- Ignore unavailable to you. Want to Upgrade?


To: 16yearcycle who wrote (29870)5/2/1999 9:23:00 PM
From: Proud_Infidel  Read Replies (1) | Respond to of 70976
 
Hi Gene,

I had no idea you were into the inets...you have some serious cajones my friend. Personally, I would not touch AOL, AMZN, YHOO etal with a 10-foot pole. In fact, I would not touch the pole that touched them itself<GGG>. At these levels we could see a substantial correction at anytime with practically anyting used as the excuse for the selloff. In short, they scare me:-O

As for the real estate bubble, I have found that prices are high in certain parts of the country, but am not concerned with a bubble per se. Major metropoltan areas have seen significantly higher real estate inflation since there is a finite amount of land on which to conduct business. But if one looks at middle America, they'd be hard pressed to find it.

As for the market overall, the top 30 stocks are indeed pricey(the premium for a steady eps stream) but I still like the overall outlook. What impresses me most about this market is the fact that it will still punish a stock severely if they disappoint. An absence of this would be a great cause for concern.

Regards,

Brian