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 : EMC How high can it go? -- Ignore unavailable to you. Want to Upgrade?


To: JDN who wrote (12382)3/3/2001 7:32:09 AM
From: capt rocky 1  Read Replies (2) | Respond to of 17183
 
fellows. it is one thing only, that caused the consumer slow down. especially in the lower income brackets. the price of oil products. if you put all your extra money in your car or up your flue you can't spend it on the discretionary items that you would like. so you postpone replacing the old heap(car, not wife) for another year,the dishwasher gets fixed,not replaced ,you go to one ply toilet paper, you get by with your treddle powered 386 pc,etc.etc. what moves this countrys' economy is buying things we don't need when ever we want to.when the credit cards max out and the bank says no,we stop buying unneeded items. now, when you max out the cards you pay more interest so that also takes away from spending and the cycle goes on. drop the price of oil and it all comes back.with an oil man in the white house we could fix that. a tax cut will help and we have at least 2 more rate cuts in the future. may is looking brighter. rocky



To: JDN who wrote (12382)3/4/2001 4:39:36 PM
From: ratan lal  Read Replies (1) | Respond to of 17183
 
IF he had NOT raised rates as high as he did the bubble would have been EVEN BIGGER and the fall even more

And they call this a f$%^$^g Capitalist society !!

This si just plain interference with a free process.