The Naked Truth - Big Kahuna a Myth Message Board

STOCKTALK

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.

Pastimes : The Naked Truth - Big Kahuna a Myth

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: NickSE who wrote (73495)	11/3/1999 9:29:00 PM
From: NickSE	Read Replies (4) of 86076

hohoho... Pentagon official slams Wall Street vny.com ..."The stock market has pummeled our top defense contractors in the past few weeks," Hamre said. "I'm startled, and frankly disappointed, that the owners of some companies have taken such a shortsighted view of the importance of defense to this country." Hamre said that in today's stock market, a new venture company that doesn't manufacture a single product can generate thousands of bids in a single day, while even a multibillion-dollar defense contractor's stock can drop precipitously based on a Wall Street rumor that a single contract has been lost. "Martha Stewart goes public and makes $1 billion in a day, and all she does is CARVE PUMPKINS," Hamre said. "The current system seems to penalize stable companies who don't register 15 or 30 percent growth in six months. Four to 6 percent isn't enough anymore."...

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next