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Technology Stocks : CMGI What is the latest news on this stock?
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To: SJS who wrote (3625)1/9/1999 5:24:00 PM
From: Islander  Read Replies (1) of 19700
 
Capitalism means the capital flows freely to fund and subsidize those enterprises which the market, meaning people, generally chooses. These choices are across a broad range of criteria, such as profitability, growth potential, efficiency, etc. Instead of the elite, privileged few controlling the markets, these decisions are now being made by the average investor who is exhibiting unforeseen power. Remember the notion of, "information=power'? Certainly there is an element of speculation at play here, but isn't that is what the marketplace rewards, namely risk? You are witnessing a market that is changing before your eyes. This is simply the democratization of Wall Street we are seeing now and those who are able to also change will do what?....profit! Once again the market is choosing.
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