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Technology Stocks : Global Crossing - GX (formerly GBLX) -- Ignore unavailable to you. Want to Upgrade?

To: dday who wrote (5443)	4/14/2000 5:47:00 PM
From: MDGO	Read Replies (1) \| Respond to of 15615

I agree with all you say except for the churning ie. buy old economy, buy new sell old etc. Since you acknowledge conflicts of interest and I believe the probability of collusion and the promotion of marginal stocks to unsustainable levels, shouldn't the Justice Department investigate. Obviously the SEC is not. The precipitous drop in the market is hurting the average investor and may end up seriously impacting the global economy. Wall St. should be held responsible for it's part. Why isn't the Justice Dep't indicting OPEC, the biggest global monopoly and the biggest threat to the global economy. Why has Microsoft been indicted? Probably because the Justice Dep't lawyers know very little about hi-tech and it's relationship to the economy. If Justice wins the case, software prices will increase with most of it going to the lawyers. Joe Public is watching the stock ticker plummet and checking his/her ticker for skipped heart beats. Enough said.