SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Politics : Ask Michael Burke
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Freedom Fighter who wrote (66826)8/26/1999 6:08:00 PM
From: PaperChase  Read Replies (1) of 132070
 
>>But many of the IPOs that are coming out right now are really ignorance based wealth transfers. The money received is lining the pockets of the people that are coming public selling overvalued internet assets etc..<<

I agree but we've been down this road before with the Biotech company craze in the early 90's. Those stocks also had no revenues, no earnings, and experienced a huge run up in share price. Most of those companies are now gone without injury to the country or stock market.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2026 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News