Through most of December 1999, stocks with no earnings were up an average of 50%. Stocks with earnings were down an average of 2%!

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Ray

-- Ray (ray@totacc.com), January 03, 2000

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Ray

-- Ray (ray@totacc.com), January 03, 2000.

Its the potential, yeah that's right, the potential that makes them worth all that money. They could turn profitable, that's right, profitable....some day....down the road....after the industry shakes out the losers....after all the brick and mortar close down....after everybody just buys off the internet....that's right!!

The stock market has gone bizarre. At least when you gamble in Vegas you know the house odds and you get free drinks!

-- Guy Daley (guydaley@bwn.net), January 03, 2000.

That statement about stocks with earnings being down was certainly true of ours. We are older people and we invested in growth and income stocks. In early 1999 we decided to get out of the stock market and put our money into a safer money market account. In December of 1999, out of curiosity, I asked my broker to check on the stock prices and -you guessed it - they were down. He told me that most portfolios, his included, were down an average of 3%.

-- Nadine Zint (nadine@hillsboro.net), January 03, 2000.