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: MeDroogies who wrote (90443)	3/22/2001 2:19:30 PM
From: Captain Jack	Read Replies (1) \| Respond to of 97611

MeD-- yes the bubble needed to be pricked and AG had to do it since it was not about to happen soon enough without help. Instead of letting air out slowly he pooped the thing probably believeing he could come back the hero... missed that one he did! The earnings problem is here because of interest rates. The price of borrowing precluded purchasing,, away went rev & earnings and now we see a snowball. The only two things we disagree on are; 1. He has to do the drops in 1/2 point increments to hold at 3% - 3 1/2%. Below that is free cash and large drops will see the rate between 2% and 3 1/2% as AG knows his debacle is not over or going to respond immediately to his decreaes. The mkts want to believe the decreases are going to increase EPS and they have much less faith in AG and the FED. 2. I had the same belief as you until the past week when 2 former FED people were interviewed. AG speaks his piece,, they never argue,,, then AG does HIS thing! During RARE meetings there have been a "reservation" mentioned by a member but they mean nothing--- its all Uncle Al's ballgame,, no referees or relief.