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To: reno21 who wrote (2255)3/21/2001 4:35:46 PM
From: Greta Mc  Read Replies (2) | Respond to of 2324
 
"he killed tech"????

Perhaps tech killed itself and his warning of "irrational exuberance" was his way to warning people.

And some people (okay most people invested in the stock market) didn't listen and decided the market would go up and up and up.....

I am one...but I don't blame Greenspan for MY mistakes at not cashing in many of my stocks when they were much higher....my mistake, I had enough information to know that greed was not good.



To: reno21 who wrote (2255)4/3/2001 2:17:24 PM
From: kvkkc1  Respond to of 2324
 
No, now that he's married, he needs more money to keep that despicable looking broad he married happy. If he cuts rates and stocks rise that's bad for his bonds. The b1tch wouldn't like that. Can you imagine waking up in the morning with that old hag getting ready to nag on you? I don't like his policy, but I can understand why he doesn't destroy his own nest-egg.knc



To: reno21 who wrote (2255)5/20/2001 2:08:59 PM
From: At_The_Ask  Read Replies (1) | Respond to of 2324
 
Biotech is a bird in the bush. So is most other tech. They are the modern equivalent of tulip bulbs. The vast majority of them will never be profitable. Just guessing but I would say that you bought the top of the mania. All manias end badly. If we get off this easily we will be lucky. Greenspans tightening last year may have been the catalyst but the reality was and for the most part still is that the Emperor has no clothes. And not only that probably never will. Earnings drive stock price. Stocks with no earnings and dubious likelyhood of future earnings are essentially worthless.