Hard year

From: Joe <rigdonj_at_cfl.rr.com>
Date: Fri Sep 27 13:33:00 2002

At 10:05 AM 9/27/02 -0700, you wrote:
>On Fri, 27 Sep 2002, Chandra Bajpai wrote:
>
>> I agree...I've definitely cut back on collecting this year (not getting
>> a paycheck made that decision easy)...it's so hard to window shop! But
>> what amazes me is that some systems have not come down in price and in
>> some cases set records (e.g. Apple Lisa 1, Altairs, SOL-20s, Apple I
>> etc.)...I am amazed that some people can drop that much cash in this
>> economy.
>
>Those were the truly smart people who realized it was a bubble and pulled
>out at the peak ;)


   Except that we're now finding out that many of those people weren't "truely smart" as much as being "truely insiders"!

>
>> I also observed that the supply has not gone up...I would expect more
>> systems on the market as people would sell their "luxuries" to raise
>> cash. I just haven't seen it. Any one agree?
>
>I think the psychology is that people are not willing to let their
>precious gems go for less than they think they're worth, certainly not for
>less than they paid for them.

   True. They're going to have to get truely desperate before they do that.

>
>Everyone seems to be waiting for the immaculate economic recovery that
>Bush keeps promising.
>
>I hope everyone is planning to vote in this year's elections.


    Let's just hope we have someone worth voting for!

    Joe
Received on Fri Sep 27 2002 - 13:33:00 BST