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To: Glenn D. Rudolph who wrote (121650)	3/25/2001 10:55:12 PM
From: Skeeter Bug	Respond to of 164684

gdr, it is a spiral effect. two really bad companies are micron and gtw. are they "new economy?" very good attorneys, though. they don't lie, they just mislead. kip bedard said "demand continues to remain strong" after a 40% collapse in pricing. was demand strong? yes. was supply overwhelming said strong demand? sure was. but he neglected to mention that -ng- the stock ran 20% in just a few days before word got out... the stock fell from $30-$8.50. it is now almost $50 - and many folks are saying their latest shenanigans are out of line saying everything looks rosy while everyone else is screaming disaster. the new economy companies and analysts had to make up a bunch of crap to justify the insanity. it was a joke. any rational person with an econ 101 class under their belt knew it was a joke. i'm still flabbergasted how so much money could be so dumb. i think greed just took over. people didn't want to think, they just wanted riches. one decision to riches and retirement. sound too good to be true? it was. and is. byw, intel includes investment gains on their income statement and gtw excludes investment losses. how convenient ;-) the quality of earnings is the worst ever, imho. it is the peoples' fault, though. they desperately wanted to hear the lies. in fact, they want them again just so their stocks can go up.