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Politics : Ask Michael Burke
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To: zsteve who wrote (65498)7/29/1999 7:15:00 PM
From: Kerry Phineas  Read Replies (4) of 132070
 
zsteve, it may be sad, but I'm sure in the next few years there will be much more of this sort of thing. People are so ridiculously misguided about what the stock market should actually do. My office is filled with people who have made 100's of thousands with internet stocks, and they're smart people. I can only imagine how the generic moron will react when these stocks actually reach fair value.
Of course the big question is who to blame. People will probably blame the brokers, when of course the people who should actually be blamed are the Greenspans and Clintons of the world, who have had irresponsible policies that have fostered the bubble.
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