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.

Gold/Mining/Energy : Gold Price Monitor -- Ignore unavailable to you. Want to Upgrade?

To: russet who wrote (51704)	4/19/2000 12:08:00 AM
From: LLCF	Read Replies (1) \| Respond to of 116768

<I guess the trillions in revenues and billions of profits that many of these companies are making constructing, allowing access to, and providing services on the internet are manic money.> Wowa there... can you quote some names and price to revenues numbers for us before you get into what a great buy they are?? I ask for price to revenue because so many have no earnings. Believe me, I'm an internut & believer, BUT I'm also an investor not a speculator... there is more junk than good investments out there IMO and people buy it anyway... that's my only point... for you to say there is no mania going on is just naive. Also, I'll reiterate to your statement: <. If you sit back and ignore power and control, you will lose what you have to others because they want what you have, and will use force to get it. > I sit back and ignore power and control every damn day and I haven't lost anything to anyone. If you focus on real values and what's important to you in life you have no need for that type of paranoia. I live in harmony with my community not at odds with it... yes the police, the elders and the military. When differences arise I let it be known and deal with it... but these groups arent' trying to "get what I have" [whatever that might be]. <There are millions, perhaps billions of fellow human beings out there that would like to have what you have, if they knew of its existence.> You're absolutely nuts, what should I be doing, watching them?? < Why are there police and a military, weapons of mass destruction, spy satellites, defense grids, break-in alarms? iron bars on windows? loaded handguns in homes of city dwellers?,.....I guess they don't have or need these things in communist countries or on reserves. > Well now that you mention it look at your statement. How long has ANY of this existed? Certainly there are less of all of the above in ALL countries outside the U.S. let along communist ones or reservations. I'm starting to like the 'reservation' idea... won't need all that 'stuff' you want to fight over. < Of course there are no criminals, gangsters and thieves were you are from,...what was I thinking? > Don't be silly, I never said that and of course there are... but is sitting back and ignoring power and control going to change that?? No it's not. What should I be doing, paying attention to 'power and control'? By paying attention to it you lose it! You empower it. Back to mania: <Of course the internet is not evolving, getting bigger, needing more and more expenditures on it to make it faster, wider ranging and more useful. It is not really part of the economy. It will soon collapse as we realize that it is a big scam. What a fool I am investing in it, and other technology.> No one said 'technology' is stupid to invest in... people [including me] are saying that there is an 'internet investing mania' going on. That doesn't mean they're all bad, that means people are throwing money at the sector in a highly speculative manner with total disregard for prospects of the investment... ie. "excessive or unreasonable enthusiasm" to quote Websters. Time will tell if this is true, although I must say those calling what's happened in the past year a mania certainly have a pretty good start on being right if you look at the prices of .coms vs their peak. Right now even the "good ones" that you would use to bolster your side of the arguement appear to have garnered at least "unreasonable enthusiasm" only a short while ago, and the real 'crap' is down 80-90% and have little money. Hell even Greenspan warned last year that a large portion of these companies would probably not survive, yet they rocketed and crashed anyway. Well whatever you call it, I call it mania. DAK