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.

Technology Stocks : Compaq -- Ignore unavailable to you. Want to Upgrade?

To: Night Writer who wrote (87262)	11/30/2000 2:45:03 PM
From: MeDroogies	Respond to of 97611

It's unlikely this will spill over. Most people, like myself, who have received options in lieu of pay still manage to make ends meet. The options are usually treated like bonuses (not much of one, for me). So, while people are not running out and buying Porsches because they are stock rich, they at least will be continuing to go about their usual day to day business. Still, it pisses me off that individual investors (who, by the way ARE NOT the cause of this...they are actually INCREASING the amount they put in) are getting screwed by institutions. These same institutions, 2 months ago, were screaming for more individuals to buy, buy, buy because of the reduced value stocks represented while they sold, sold, sold. Still, the worm will turn. It always does.

To: Night Writer who wrote (87262)	11/30/2000 2:45:15 PM
From: profile_14	Respond to of 97611

NW, do you think they can take a hint? For crying out loud, how obvious does it have to be? If they do not think that daily 5% drops in the market is going to crimp the Christmas style, then they have their heads up somewhere. We are down more than 50% from the year highs on the Nasdaq alone (2535/5150), to add insult to injury. The fact is that interest rate increases are always overdone since the effects on the markets and businesses are lagging behind those increases. Once the psychology of the consumer and investor is affected, there is then the additional task of undoing the harm done while affecting that psychology. I would suggest that Greenspan has had his better days behind him. The fact that he was invested in treasuries during the boom must of really made him grind his teeth. Talk about throwing the baby, kitchen sink, and plumbing out with the bath water... Best regards,