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To: SliderOnTheBlack who wrote (60941)	2/25/2000 2:50:00 PM
From: SliderOnTheBlack	Respond to of 95453

SI feature writer Bill Fleckenstein - read his piece today ! siliconinvestor.com Fleckenstein has it right imho... <<Today was a complete speculative orgy, where the participants displayed utter disdain for any thought that the market might at some point ever take their money instead of making them rich. We've seen the creation of a perverse environment where many of the worst companies or companies executing in the poorest fashion see their stock prices go berserk, while good companies at fair prices continue to sink. This has become a giant game of chicken between the public (and the fund managers they have chosen) and the capital markets. While it's not debatable who will get hurt in the long run by being macho, the present-day displays of bravado are truly a sight to behold. Of course, the game has been aided and abetted by Wall Street manipulation on the part of the dead-fish community and the big mutual fun/hedge fund boys, not to mention corporate America's playing the earnings' bastardization game>> The exit door is simply not wide enough for the evential fire alarm exodus that WILL come imho. Unfortunately I think it will take everything down with it... ...someone, or something has to pop this tech mania bubble before it takes the entire market down with it. I don't know if Greenspan has to specifically come out and target just tech - literally putting the laser light red dot on Tech, or if the market will take care of itself ? But, this must end... it poses a risk to the entire financial market.