SI
SI
discoversearch

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 : Dell Technologies Inc. -- Ignore unavailable to you. Want to Upgrade?


To: mepci who wrote (163249)12/15/2000 7:43:40 PM
From: BWAC  Read Replies (1) | Respond to of 176387
 
<It is not FEDs job to dole out easy money for the likes of the dotcoms and 27 year old hotshots >

No it is not. BUT the tight money policy has had a worse affect on many 'real' companies than it has on these dotcoms. Look around at the destroyed investment quality stocks. Take APCC today. LPX trading at less than just its timber land value. Grocers. DELL even. LU. WCOM. Banks. All around. The tight money policy, obviously directed at the high flying dotcoms, took 50% off of peoples long term bought for retirement type companies. The hyped dotcoms valuations were destined to fail miserably. One day. Some day. Every pile in hype chaser that paid $40 Billion for a company with $10 Million sales was going to be wiped out. But look around now, Greenspan targeted the market (specifically these companies) and look what got thrown out first? The old quality investment companies. Then the speculators couldn't keep the dotbombs propped up. So they threw some more quality out. Then it all fell apart and they had to FINALLY throw the dotbombs away at $1. So Greenspan took EVERYBODY down, to get at the speculators. And now we have (SURPRISE!!!!!), the speculators in control again. Just on the short side this time. Causing the long term investor considerable pain. Greenspans attack misfired, missed the speculators, and hit middle America right in the wallet.



To: mepci who wrote (163249)12/15/2000 8:10:43 PM
From: TTOSBT  Read Replies (1) | Respond to of 176387
 
Re: "It is not FEDs job to dole out easy money for the likes of the dotcoms and 27 year old hotshots who can't handle a days job in the regular jobs. "

mepci I do believe your out of touch here. The dotcoms have been taken care of with the margin calls over six months ago while the FED was in a tightening phase. Even Allan Greenspan doesn't agree with your current senario as his most recent statement claimed -in his Dec 5th speech that: " in an economy that already has lost some momentum, one must remain alert to the possibility that greater caution and weakening asset values in financial markets could signal or precipitate an excessive softening in household and business spending."

Go there!

federalreserve.gov

I think he needs to tighten first then observe!!! Japan got into irreversable trouble by waiting to tighten when their bubble burst.

TTOSBT