Forum Archive Index - April 2000

[Gerry Tyler-Smith <g.tylersmith@ext.canterbury.ac.nz>]

You wrote:     For those who lived through 1987 crash - does this  pale in
comparison? 

1987 really did feel ridiculous... ie, many friends were investing in
companies because they thought Bruce  Judge (am I getting the name
wrong...?)   was a fine fellow...      And if people couldn't see what Bob
Jones was up to ...    well, I ask you ....?

  Now, it seems the whole problem is  investors willing to pay hysterical
PE's simply because their neighbour's son has said something like "Cisco
will rule the world.."

 What I can't get past in my thinking is that Fletcher Building will keep
on adding extensions to the Christchurch College of Education  etc and
paying us fat divies, no matter what the levels of US personal debt ... tho
no doubt RIL will tell us that if the $US goes down in terms of the Yen,
then the Chch C of E will have fewer foreign language students, and
therefore,  there will be fewer infrastructural projects for FFB, and we're
all doomed ... As Bill Paxon said in the film "Twister":   'It's already
here...!"


You wrote:   Are you seeing history repeat itself?     HOW DO YOU
FEEL?????????   The jungen.


Really interested. it's fascinating to see how the whole game shakes out.
It's all numbers, so long as we all have liquor in the cupboard, a roof
over the head, and a full  tum, unlike the majority of the world's
population...




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