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.
Pastimes : Clown-Free Zone... sorry, no clowns allowed
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: BGR who wrote (125599)9/25/2001 7:36:02 PM
From: LLCF  Read Replies (2) of 436258
 
<<Dude, don't kid yourself. The bear market was created by needlessly tight monetary policy adopted by the Fed. That it was needlessly tight is clear in hindsight, as there is raging deflation going on right now. BTW, I understand that it was not AlanG but some other members who acted as inflation hawks. The dotcoms had high cash burn rate, so as cost of capital went up, they went bust. But, so did LU. While many had complained of LU being overvalued, no one had ever complained of LU having an unsound business plan. >>

LOL, several here including Heinz questioned LU's viability... and folks over on other tech threads questioned their sales numbers and accused them of cooking books WAY before it crashed. Cost of capital of .com's had NOTHING to do with many of them going bust, they should have never gotten funded to begin with, this is more than clear now. There was an insane window open as wall street sold this crap to willing buyers. This is called a BUBBLE, which you still refuse to acknowlege but which is common knowlege every where else on the planet.

I'm loving the use of the ignore button, and your on the list too for being so clowinish! You'd be best off not trying to re-write history, but rather learning from others once in a while.

DAK
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News