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To: NOW who wrote (27829)	10/13/2000 5:00:40 AM
From: KeepItSimple	Respond to of 436258

>ultimately, the socialization of business risk makes for very bad business. This is the basic flaw in the new-economy stock world. These executives are privatizing the rewards, and socializing the risks. And you have to wonder if an executive gives a rat's ass about whether or not his dot.com ever turns a profit as he counts his hundreds of millions of dollars in insider stock sales. These people are getting the payoffs of a lifetime before they even BEGIN to run the companies! Eventually, the public will catch on, and all faith in the securities markets will be destroyed for a generation. I think the upcoming mutual fund statements are going to make a lot of people VERY angry. redemptions will surely follow, once those same people realize the market isn't going to just go right back up. the game is over.