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 : Son of SAN - Storage Networking Technologies -- Ignore unavailable to you. Want to Upgrade?

To: Joe Wagner who wrote (2898)	3/9/2001 11:49:37 PM
From: Uncle Frank	Read Replies (1) \| Respond to of 4808

>> If Greenspan knows what he is talking about... That's the big question at this point, Joe. I have been an outspoken supporter of Greenspan, and had long regarded him as an astute, creative, and effective executive during his stay at the Fed. But his actions over the past year bring to mind a drunken bus driver lurching from curb to curb, and I've begun to fear that he is groping for an answer that may not be available based on his economic groundings. >> Big money knows that this will start to happen soon and they are milking the current negativity for everything it's worth to get the best bargains possible, crush every margin player and buy their shares for dirt cheap. They've been ruthless and based the threads I visit, very effective. Most of the high margin players have been squeezed out. >> Once the tide shifts they won't be able to scare everyone into giving away their shares. My concern is that the psychological damage has been so deep that the market may flatline for many quarters before any level of realism/optimism can return. bwtfdik, uf