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Politics : Formerly About Advanced Micro Devices

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To: Scumbria who wrote (112178)5/23/2000 6:04:00 PM
From: Jim McMannis  Read Replies (1) of 1570055
 
RE:"The semiconductor industry has been growing at a phenomenal rate, and will continue to do so unless AG screws it up. I'm starting to get the feeling that he won't be satisfied until he has caused a recession.

Our financial system can ill afford fearful investors. Venture capital is dying a rapid death. This could be devastating to the computer industry."

Relax Scumbria. This is normal, it's all about rate hikes, government intrusion (your buddy the DOJ), fear and greed. Just as the market got overbought, it will get oversold.
I can appreciate how you feel, just when you were grasping for the prize, it got snatched away. Just as Clinton/Gore took credit when the market went up, they will fail to acknowledge any responsibility for it tanking.
As I said before. the DOJ/microsoft fiasco is what pushed a teetering market over the edge. It often turns on one event, the underlying fundamentals being confirmed sooner or later.
Before you know it, the enconomy will slow, california real estate will crash and the stock market will have already started up again.

Jim
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