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Pastimes : Clown-Free Zone... sorry, no clowns allowed

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To: Lucretius who wrote (42785)12/1/2000 9:01:44 AM
From: AllansAlias  Read Replies (2) of 436258
 
This sort of crap is never good to read... It's one of the featured Reuters stories today. Excerpt:

Tech Investors Embrace Language of Doom

NEW YORK (Reuters) - Better late than never.

Technology investors who for years gorged on an
endless feast of hyper-growth stories now find
themselves free to speak of bear markets, recession
and stock panics, using language once widely seen as
treasonous among bull market patriots.

It's as if brutal honesty among traders, analysts and money managers on Wall Street now represents the only cure for a seemingly endless stream of negative company news.

``It seems like the total give-up phase,'' said Mona Eraiba,
[Yea, right Mona. -g] a former semiconductor analyst recently turned hedge fund manager with Rosetta Management Group LLC in New York. ``There is just a sense that there is no salvation in sight,'' she said.


dailynews.yahoo.com
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