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[RT] Re: [Fwd: (BN ) Welcome to the End of Corporate Profits: Michael Lewi]



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exclude the "wealthiest " part in the last statement LOL!!!
Regards
              Peter Karaguleski
   Nam Et Ipsa Scientia Potestas Est
----- Original Message -----
From: "Peter" <derivatives@xxxxxxxxxxxxx>
To: <realtraders@xxxxxxxxxxxxxxx>
Sent: Saturday, 11 March 2000 2:18
Subject: [RT] Re: [Fwd: (BN ) Welcome to the End of Corporate Profits:
Michael Lewi]


> No such thing as a new economy.........market will teach a lot of Mr & Mrs
> Joe Smith's out this very thing. Especially with  the degree to which US
is
> leveraged.
>     When the wealthiestt country in the world cant  pay  for its
consumption
> . somethings astray........geez that sounds like  the USSR  a decade ago
> Regards
>               Peter Karaguleski
>    Nam Et Ipsa Scientia Potestas Est
> ----- Original Message -----
> From: "Gwenael Gautier" <ggautier@xxxxxxxxxxx>
> To: <realtraders@xxxxxxxxxxxxxxx>
> Sent: Saturday, 11 March 2000 2:09
> Subject: [RT] [Fwd: (BN ) Welcome to the End of Corporate Profits: Michael
> Lewi]
>
>
> > Currently everyone looks at Old vs New economy. Since markets rarely end
> > up doing what has been widely thought it would (recent examples are post
> > asia 98/99 recession, octobre 99 rate scare and y2k scare) I suspect we
> > will have something else:
> >
> > Neither old nor New will win.
> >
> > Some Old will be eaten by New, some New will be eaten by Old.
> >
> > I suspect this year will be the year of the stock pickers with a skill
> > in detecting in what way technology is going to affect the various
> > business. Takes B2B for instance. Who is winning most Commerce One or
> > GM? In mark cap Commerce One, but in profits, GM???
> >
> > In the end, there will be mostly surprises, that I bet.
> >
> > Gwenn
> >
> > PS: I forward a Michael Lewis article on Old vs New from todays
> > Bloomberg.
> >
>
>
>