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Strategies & Market Trends : IPO Boycott -- Ignore unavailable to you. Want to Upgrade?

To: architect* who wrote (10)	11/24/2000 5:50:57 PM
From: KevinMark	Read Replies (1) \| Respond to of 61

John, great article. If it's not blatantly obvious from that article what their true intentions are, I don't know what is. Part of the reason the Nasdaq has and is imploding, is due to the overvalued, inflated supply of toilet paper these guys have pushed out into the market place. It's a supply versus demand issue. When investors realize brokerage firms are in the business to underwrite, and could care less about supporting their trash once it's out on the street, then maybe these bonus checks will be few and far between. Everyone who visits here, should read the 1st post to get a good idea on what these guys are all about. It's just inconceivable, that the American people are seeing their 401-k's get crushed in lieu of the the brokerage firms paying out fat bonus checks THIS YEAR due to underwriting the same filth that the American people are taking the fall on. Well, it's not going to go unnoticed. Thanks for the article. KM