The Residential Real Estate Crash Index Message Board

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Strategies & Market Trends : The Residential Real Estate Crash Index

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To: Lizzie Tudor who wrote (86575)	8/22/2007 1:58:40 PM
From: Think4Yourself	Read Replies (5) of 306849

Let's look at another statistic that puts this in perspective: AMZN employs 15k GOOG employs 11k RIMM employs 6k CSCO employs 47K total for all four: 79K GM alone employs 280K The "four horsemen" of the Nasdaq are not even one hundredth of one percent of the economy. They represent nothing when it comes to the economy. The fact that CSCO is hiring like mad has no meaning whatsoever. If all four were hiring like mad it would still mean nothing. GM ,Ford, and Chrysler probably employ more Californians than the "four horsemen".

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