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Pastimes : Clown-Free Zone... sorry, no clowns allowed
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To: orkrious who wrote (160719)4/18/2002 10:12:24 AM
From: SOROS  Read Replies (1) of 436258
 
Does anyone really care?

This market and people are in a fantasy world. They are so fearful of the current world situation, that they completely block it out and focus ONLY on money. This always leads to a crash when reality hits everyone over the head with an act of terror or some financial disaster that a company cannot hide in the numbers no matter how hard they try. Look at ADSX and that frenzy. Just like 1999 all over. People are chasing penny stocks again. ADSX has a huge number of shares and is trading 1/2 to all of the float some days. They have something like 3 million in cash and 33 million in accounts payable and 83 million in notes. Does anyone care that they need to pump this to get the ability to float more stock SOON? Nope. The smell of easy money has the entire country in its spell again. I almost feel sorry for how badly this will all end, but it will be deserved -- by Clinton, by Greenspan, and by all those who blindly followed their advice and their morals.
I remain,

SOROS
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