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.
Technology Stocks : Semi-Equips - Buy when BLOOD is running in the streets!
LRCX 160.52-4.9%Dec 12 9:30 AM EST

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: semi2000 who wrote (9353)1/20/2001 3:16:34 PM
From: WTSherman  Read Replies (1) of 10921
 
<And probably GS got what he wanted all along - death of irrational exuberence. I doubt he will rollback all that in hurry<

That's a very good point, I think. AG certainly felt that the stock markets had lost all "fear" and had discounted macro "risks" and were only concerned with micro risks(those associated with a particular equity).

Of course, he was correct in some of his assessment, in that the market(segments) had come to resemble a ponzi scheme.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext