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.

Non-Tech : The Critical Investing Workshop -- Ignore unavailable to you. Want to Upgrade?

To: stockman_scott who wrote (4485)	2/20/2000 11:52:00 PM
From: Voltaire	Read Replies (1) \| Respond to of 35685

Hi Scott, I appreciate the post. I have been pretty well saying the same thing and not apologizing for it. As I have said and was telling JW at breakfast, I am sorry but the Houses are as much to blame as anyone. They have built their vast inventories on the recycling of fear and it no longer works. The boomers who have been touched by technology don't give a damn and what people had better do is hold on to their tech and don't believe the crap you are about to hear from the Houses this next week. The Houses have loss control for the first time that I can remember and basically so has the Fed. Like I told you the other night, I disagree that AG is senile, he is a genius of the unspoken and twistspoken and he got exactly what he wanted. His problem is that it last less and less time. I have been saying this for sometime. The reason I do not feel we have a problem is because no longer, with the Houses out of control is there going to be a drastic sector rotation scenario they can count on. If anything it is a four point play the other way. Not only is the money going to stop going into the Dow and S&P stocks but it is going to continue to go into tech as if it is replacing Gold. Just watch what happens, remember, it is the Houses that cause corrections and the Fed that causes recessions. Let me tell ya, there is nothing that can not be corrected with a check book as witnessed by the so called Asian crisis. I say AG does not raise over two more times. The reason you are going to have people yelling crash is because of vested interest in the inventories that are down and they are crying for the tech money to switch over, IT AIN'T GOING TO HAPPEN and the houses are scared shitless. Down the yellow brick road we continue. Tuesday will be the day the Houses try their biggest scare tactic of the year. Sleep well and tell em I said go to hell, Voltaire

To: stockman_scott who wrote (4485)	2/21/2000 1:19:00 AM
From: elpolvo	Read Replies (1) \| Respond to of 35685

stockman_scottie (i like that handle. raise horses i bet. i got a boat and i'm looking fer a good small pony that ain't afraid of lightening. gottne?) nevermind... you didn't ask me, but here's my 2 cents on the stealth bear market article. it's shortsighted. i thought EVERYBODY knew we were in the early stages of a technological/information age revolution. the way we live, play, work and do business is about to be drastically changed. companies that can see that and are light enough/quick enough to move, change their business models and GO FOR IT are going to be the winners in this race to be well positioned in the new paradigm. investors know it (even stupid ones like me). that's why the money is going into the Qualcomms, Ciscos, and Oracles of the world. and that's why it's leaking out of the Mattels, J.C. Penneys and the Sears Roebucks. bear market? sure, for the greybeards and the dinosaurs. not for me and Qualcomm! GO Qualcomm!! -polvie

To: stockman_scott who wrote (4485)	2/21/2000 12:05:00 PM
From: RocketMan	Read Replies (1) \| Respond to of 35685

Does this sound like a healthy market to you? Yes, actually it does, except for the Fed's actions. So old economy companies are dying. I don't remember the last time I went inside a Penney's or a Sears. There are many better competitors, and I don't mean internet commerce, I mean better brick and mortar competitors. Phillip Morris? I can't remember how long ago I quit smoking. Boston Scientific, Coca-Cola, Gillette, Hershey, Nucor, NIKE, Wendy?s International, PepsiCo, Berkshire Hathaway, Walt Disney, Banc One, Wells Fargo Bank, Hasbro, H&R Block, Compaq Computer, 3Com, Diebold, Delta Airlines, Caterpillar, Dun & Bradstreet, Texaco, Boeing, and Eastman Kodak There's not a single company in that list that I would have bought over the last three years, with the exception of 3Com that I am buying now for Palm, not for 3Com. The fact that those companies have been withering on the vine due to their inability to adapt to the new economy, or have made gambles on the wrong technology, does not bother me one bit. If Vick is concerned about a bear market because of these stocks, then bring it on. I will get concerned if and when the new economy stocks go down and stay down for a year or more. Then we will be in a true bear market. Unlike others who see AG as benign and even helpful, I am of the opinion that he is playing with fire and may burn the place down before he realizes it. If the Fed did nothing for the rest of the year, some old economy companies might be able to figure things out and get back on track. But by being proactive with rates, AG will cause a recession not only here but worldwide (anyone notice how banks are raising rates worldwide?), and we will be back to October 98. Then he will pump money in, cut rates, but he may have gone to the well once too often.