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 : Qualcomm Moderated Thread - please read rules before posting -- Ignore unavailable to you. Want to Upgrade?

To: Claude who wrote (8034)	3/2/2001 9:42:40 AM
From: Jeff Vayda	Respond to of 197271

Claude: I question your concern, re...the (Chinese) government chooses what companies get listed and practically guarantees they will never go bankrupt. This has lead many to put their savings in the market - a market that went up 80% last year. Can anyone spell B-U-B-B-L-E?... If the government controls the market, do you think they would allow the bubble to burst? They develop and supply all the influences that control the market/companies. They alone control their market. No bubble possibility there. Now if you want to talk about freely traded securities on the open markets - that is slightly different. They cant do much about the 'world's' expectation of a particular company. But then again they are free to buy as many shares as they need in order to prop up a share price. When you consider the assets the Chinese government has to draw on and the limited number of 'companies' they would be required to prop up on the open markets, I dont see much of a prospect for a bubble pop. Jeff Vayda