From: Mark Day (mday@sightpath.com)
Date: Thu Apr 20 2000 - 21:03:53 PDT
> The market and economy
> will be far healthier when bad companies never have a chance to get
> started.
In the abstract long run, this is probably true. Unfortunately, the bubble
bursting will probably cause 5-10 years of financial hangover, and maybe
longer than that for anything connected to the Internet. It's not like the
bubble bursts and everyone suddenly returns to rational behavior -- there
will probably be an extended irrational swing in the opposite direction.
--Mark
This archive was generated by hypermail 2b29 : Thu Apr 20 2000 - 21:00:53 PDT