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 : Compaq -- Ignore unavailable to you. Want to Upgrade?

To: Windseye who wrote (90438)	3/22/2001 11:41:14 AM
From: Captain Jack	Respond to of 97611

Correct Doug! Add the fact he works off trailing indicators while the mkts are working off Real Time and it is easy to see why he is prone to error,,,

To: Windseye who wrote (90438)	3/22/2001 11:49:18 AM
From: MeDroogies	Read Replies (1) \| Respond to of 97611

Could it be...maybe...that earnings have something to do with all this and interest rates, while important, are really just a cover for the inept ramblings of a few major CEOs? Granted, higher interest rates didn't help...but the bubble needed to be pricked, and it is a very inexact science, at the best of times. I am, right now, pissed at AG not for pricking the bubble, but for not acting more aggressively the other day. By witholding the right to do another cut later, he basically guaranteed the market would slide because everyone is waiting for the next cut. Now, that, I agree, is a stupid and ego driven thing to do. While I don't hold with the good Cap'n's stance on AG, this particular cut was by committee decision...so I don't think he should have the entire blame. However, he is the driver of the car, even if he is getting bad directions, he should have some idea which way to go.

To: Windseye who wrote (90438)	3/22/2001 12:33:53 PM
From: Seamus McKenna	Read Replies (1) \| Respond to of 97611

I think this AG thing is surprisingly simple. AG made a mistake... With respect, I think you're applying a somewhat simplistic model to what is really a complex situation. No matter how big or small his ego, AG does not exist in a vacuum. There are other, interacting, forces such as the new administration, Y2K (gone and forgotten, but very real when AG is supposed to have made his mistakes) and an undoubted bubble in the markets even before liquidity was pumped up, to mention a few. If there is a fault with AG it is that he has been given public superman status, when he is only human. If he contributed to that misconception, then he definitely deserves approbrium, but I'm not sure he did. There is more than a little 20-20 hindsight at work here, I feel.