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.

Politics : Idea Of The Day -- Ignore unavailable to you. Want to Upgrade?

To: Crystal ball who wrote (39086)	4/17/2001 6:47:04 PM
From: Rob S.	Read Replies (1) \| Respond to of 50167

Interst rates . . what's the big deal? Cisco reported a 30% decline in sales and over $3 billion write offs. Do you think that Cisco's bubble and then pop was caused by Greenspan too? I think the bubble burst was simply the collapse of a partly false euphoria with little to do with Greenspan. Laissez Faire is fine and that leaves the credit and responsibility for the economy and company performance squarely where it belongs. in the hands of company management or mismanagement. The bubble in staock burst because stock valuations got crazy. When sales couldn't continue at tripple digit rates the market had expected, the last fool stopped wanting to pay up to be part of the "new economy". aren't we all happy now? The risk for shorting stocks has to be at least as great as it is for buying them. Now we can start dreaming about the next big runnup and drunken romp in the tulip bulb field.