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.

Pastimes : Clown-Free Zone... sorry, no clowns allowed -- Ignore unavailable to you. Want to Upgrade?

To: pater tenebrarum who wrote (96500)	4/19/2001 5:50:27 PM
From: JRI	Read Replies (1) \| Respond to of 436258

Heinz....sorry to keep asking, but one last clarification... Are you more inclined to believe that tomorrow could be the cycle high of the 23rd (one day early) signaling a high....OR are you leaning toward it being the 19th turn (a day late), and we only TURN DOWN into 23rd (or 24th, if it comes early)... Or is it impossible to know? (BTW- If 23/24th is a low...that means the stuff we've seen the last 2 weeks goes on for another week and a half...that means stocks going up 150% in a month, etc...that seems almost absurd)..

To: pater tenebrarum who wrote (96500)	4/19/2001 5:51:22 PM
From: yard_man	Read Replies (1) \| Respond to of 436258

Kind of like the WMT commercial -- have to keep your eyes open for this <g> www2.marketwatch.com; Even something in there Myth can appreciate >>"A core trading range of $255-$275 is something we can expect to see going forward," <<

To: pater tenebrarum who wrote (96500)	4/19/2001 8:11:57 PM
From: a.m. fisher	Read Replies (1) \| Respond to of 436258

yes, it is obvious that the allocation of capital wasn't very wise. so it goes ... markets evolve. this past decade's capital expenditures by telecom companies was the largest capital expenditure in history for a non-monopolized industry. non-monopolized means there are no fixed prices and no guaranteed return on capital. with easy access to capital and the need to keep up with competition it's no wonder telecom companies spent and spent. while it hasn't proved to be the smartest strategy, it was not an "egregious" misallocation of capital.