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.

Pastimes : All Clowns Must Be Destroyed -- Ignore unavailable to you. Want to Upgrade?

To: clochard who wrote (13864)	3/1/2000 5:45:00 PM
From: Tim McCormick	Read Replies (1) \| Respond to of 42523

Render unto Caesar that which is Caesar's. There is no reward in stepping over the slippery slope of unethical business practice. Yet, when an entire nation searches for fulfillment in the greater fool theory of momentum investing, IPO float management, and short busting; that nation has surrendered the base of it's civilization's foundation. The tentative aura of respectability accorded Wall Street in the past was abandoned concurrently to equity valuations diverging from theoretical models of future cash flow. Ultimately, relative price strength chasing begets unmanageable random volatility. The "new era" jibberish is an illusory attempt at finding respectability in gambling. The undermining of fundamental valuation rationale for a position holding migrates the vast majority of market cap into weak hands. A relatively minor external event will pop the bubble, though talking heads will find a more significant justification for its occurrence.