Forum Archive Index - April 2000

["hugh webber" <hugh.webber@clear.net.nz>]

I suppose its for a story a la American Graffiti.....but for me who went
through 1987 in all its gut wrenching despair and destruction, when 
anything one did turned to custard, when nothing would work and there
was no hope anywhere....I'm afraid 2000 doesn't compare.
I must admit to one or two queasy moments as I read through the downs
and lows ranges of some of the good techs on the ASX today but still 
substantially above what I purchased the last lot for.
Possibly its like asking a WW1 veteran of Somme and Verdun and 
Bapaume and Ypres and Passchendaele (there were more killed in WW1 than
WW2)
what they thought of Vietnam with all the American hype and you'd probably
get a polite farting noise
in response.

cheers,
hugh

----------
> From: Gerry Tyler-Smith <g.tylersmith@ext.canterbury.ac.nz>
> To: sharechat@sharechat.co.nz
> Subject: Re: [sharechat] A Daniel come to judgement! IE, Oliver
> Date: Monday, 17 April 2000 19:55
> 
> 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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