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.

Strategies & Market Trends : Booms, Busts, and Recoveries -- Ignore unavailable to you. Want to Upgrade?

To: PerryA who wrote (108)	10/23/2000 11:45:19 PM
From: GraceZ	Read Replies (1) \| Respond to of 74559

Much of that wealth is only an illusion that goes down the drain with the stock price I think he was referring to real wealth not the illusionary kind. If the wealth is an illusion than it is not wealth that is destroyed but the illusion. In a lot of the high flying tech stocks the money was put into a very small percentage of the available shares, most of the shares remained with people who paid little or nothing for them....the wealth was a paper illusion.

To: PerryA who wrote (108)	10/24/2000 12:16:13 AM
From: smolejv@gmx.net	Read Replies (2) \| Respond to of 74559

IOW is it not Mr Market, who eventually determines the "nominal values". Of cash on hand (or credit card limit), used up during the visit on the Street, as well... dj

To: PerryA who wrote (108)	10/24/2000 2:00:21 AM
From: quasar_1	Read Replies (1) \| Respond to of 74559

Real Goods... I believe you are making the assumption that there is in most companies real indestructable wealth underlying their market valuations. Let me be clear. I do not assume that at all. I do assume wealth is constantly being created. Many companies will fail. Some have high valuations. Some contribute veritably nothing to the 'real wealth'. In fact I could make the claim that some entities remove real wealth. Some companies have low valuations and contribute greatly to the 'real wealth'. In the end valuations are part of the 'stock market game'—more a psychological exercise in greed and fear than an instantaneous measure of value. I hold two thing true: 1) Real wealth is being created every day by private companies, public companies, laborers both union and non-union, governments, individuals working for themselves, people from every facet from the society—rich, middle class and poor. Animals contribute real wealth. Insects contribute real wealth. Plants create real wealth. 2) Real wealth has nothing to do with nominal capital. I hope that makes my statement clearer. Thanks for your thoughts! Quasar