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 : All About Sun Microsystems -- Ignore unavailable to you. Want to Upgrade?

To: techtonicbull who wrote (39751)	12/27/2000 8:58:28 AM
From: High-Tech East	Read Replies (1) \| Respond to of 64865

... those brokerage houses ... are they funny or what ... and you don't have to take my word for it - they'll tell you themselves ... (1) Stocks are down big-time - tech stocks, anyway ... I bet you noticed. (2) Brokerage houses (and their analysts) didn't forecast those down moves in equity prices which cost their clients billions of dollars. Somehow, they failed to notice that the Fed has been tightening interest rates - either that or they must have believed that interest rates do not matter any more ... didn't they say "things are different now" - uh huh. (3) The Fed told everyone what they were doing, and why ... even if you believe the Fed's actions were not justified, the Fed did tell us what they were doing, didn't they. (4) So clients lost billions of dollars all because of the Fed; it's not our fault say the brokerage houses and their analysts - it's AG - blame him. (5) The fact that clients continue to lose money - even now - is because the Fed did not lower rates this month. (6) And by the way, if the Fed does not lower rates before the next regularly scheduled meeting in late January - and you lose more money in the mean time - ah ha, that will be their fault also. I tell ya, those brokerage houses and are a riot. Just ask Joe Battapaglia and Larry Kudlow ... they'll tell you. ... just a little sarcasm for you this week ... Ken Wilson