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Technology Stocks : JDS Uniphase (JDSU)

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To: Bill Holtzman who wrote (15038)12/20/2000 9:59:53 AM
From: Master (Hijacked)  Read Replies (1) of 24042
 
"...Rampant speculation in equities is a serious threat to our stability as a nation. "

Sorry Bill, but rampant speculation in equities is what built this country. It is the driving force behind all the technologies imagined, developed and marketed by people with vision in this country. If it were left solely up to bankers and investment in bonds, you would still be riding your horse to work and using pigeons to send a message back home.

I'd really love to have someone explain to me how the losses of trillions and trillions of dollars in the last few months by speculators in the markets benefits our economy.

Vince
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