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 : Amazon.com, Inc. (AMZN) -- Ignore unavailable to you. Want to Upgrade?

To: H James Morris who wrote (119141)	3/3/2001 10:56:28 AM
From: GST	Respond to of 164684

Greenspan's legacy is simple and profound -- his major contribution will be that, by deflating this bubble before it was too late, he indirectly prevented the USA from allowing Social Security to be invested in the stock market -- a move that he knows full well would have destroyed the US economy and society in the long run. AG knows that we were on our way to an economic catastrophe and he raised rates to help tank the tech stocks, and in doing so he hopes that he has avoided the post-bubble depression which was taking shape as our "reward" for the stupidity of pumping more and more money into tech stocks.

To: H James Morris who wrote (119141)	3/3/2001 12:18:43 PM
From: Glenn D. Rudolph	Read Replies (3) \| Respond to of 164684

He remembers his moment of wealth fondly. ``You have a different attitude about life,'' Nguyen says. ``You never feel like you're at the mercy of someone for the next paycheck. You feel in control, and it's a nice feeling. Life is good.'' One year later, he's lost most of what he gained, now works at a corporate job, and ignores the stock market. ``Basically, I gave up,'' he says. ``I work for a living and I don't look at the market any more.'' There seems to have been and still is a perception that eashy money in the stock market gives one the opportunity to retire and live a wealthy lifestyle. Having skills and good work ethic makes one's life financially more secure and should make it more rewarding. Sports such as golf or any leasure enjoyable activity have their place. Too much of anything is not good for one's well being. We all need goals. Glenn

To: H James Morris who wrote (119141)	3/3/2001 1:46:05 PM
From: Skeeter Bug	Read Replies (1) \| Respond to of 164684

kevin hasset is a moron. it isn't a bubble if it is new driven? wtf? everything is news driven even if the news is the stock went up yesterday! what an idiot. he then cites lack of visibility as the reason stocks got so high, doh! a rational market DISCOUNTS a lack of visibility were a BUBBLE values possibilities w/o regard to probabilities. to say the net stocks weren't a bubble is to prove one is in a solid state of bliss... brought on by a deep, dark ignorance.