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 : JDS Uniphase (JDSU) -- Ignore unavailable to you. Want to Upgrade?

To: Master (Hijacked) who wrote (15117)	12/21/2000 4:48:29 PM
From: Bill Holtzman	Read Replies (2) \| Respond to of 24042

Vince, People are spoiled and don't appreciate Greenspan. They had to run the markets up despite his regular words of caution. Whether a recession is good or not is not really my point. I simply believe that what is happening is the result of excess and must occur before we can go forward. If it didn't, we'd have the potential to see much worse, the kind of worse that could really cause long term damage. There's no doubt to me that what has already happened, though painful, will not cause irreparable harm. At the same time, I also feel that a significant portion of "investors" have become addicted to "action". They know how to make money both ways...they just need movement. Part of our current decline is cause by the same thing that ran the markets up - excess. The bears are driving the markets down excessively. As I said to Pat: It's a test of all of us as investors. It will help insure that tomorrow's investing community is sound and strong...that we continue to have a solid foundation for growth and innovation.