Silicon Investor (SI) -- The First Internet Community

STOCKTALK

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 : Amazon.com, Inc. (AMZN) -- Ignore unavailable to you. Want to Upgrade?

To: Eric Wells who wrote (80810)	10/15/1999 12:01:00 PM
From: John Chen	Respond to of 164684

eric:"panic". What panic? It happens all the time for the NUTs. It's business as usual.

To: Eric Wells who wrote (80810)	10/15/1999 7:00:00 PM
From: GST	Respond to of 164684

Eric: I think the point that rattled the market is that the adjustment AG is calling for 'requires' lower stock prices. He is saying, in effect, if you do not stop yourselves from believing in this 'continual bull market' notion, then you are in dereliction of your fiduciary responsibilities. By helping to fuel this bubble, they are sowing the seeds of their own destruction. They have a responsibility to bring the market down to lower P/Es for ALL STOCKS, and they are already risking the complete collapse and panic in SOME STOCKS i.e. the ones we discuss on this thread.

To: Eric Wells who wrote (80810)	10/16/1999 11:00:00 AM
From: Glenn D. Rudolph	Read Replies (1) \| Respond to of 164684

If my memory serves me right, the increase in retail sales in Sept was lower than the increase in Aug - however, there was still an increase. And September's increase was impacted by a seasonal adjustment - and the Sept. increase still surpassed economist estimates. The rate of increase is slowing. You are correct. If this continues, there will not be an increase. think the Fed is open to raising as much as is necessary in order to reduce the risk of inflation - whether it be .25, .5 or 1.0. Every economic indicator that has come out in the past month has indicated inflation is on the rise. The core CPI is ultimatly what counts. That has been good so far. Let's see. Glenn