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 : EMC How high can it go?
EMC 29.050.0%Sep 15 5:00 PM EST
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Tony Viola who wrote (12379)3/3/2001 5:58:00 AM
From: JDN  Read Replies (2) of 17183
 
Dear Tony: I laughed when I read his comment as I knew it would be interpreted that way. What I THINK he meant to say was that IF he had NOT raised rates as high as he did the bubble would have been EVEN BIGGER and the fall even more. So by his estimation by holding the economy from growing further he reduced the distance of the fall. Who knows, but IN MY JUDGEMENT this is a consumer induced slowdown. I think one of the reasons is the growing levels of consumer debt and I think the PRIMARY cause of that ISNT because I bought my wife a new Refridgerator BUT because the GOVERNMENT Rascals that they are, have raised taxes SO HIGH (when you combine Fed'l, state and Local its about 40% on average) that its CRUSHING out the available monies for savings and purchases. JDN
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2026 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News