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 : Amazon.com, Inc. (AMZN) -- Ignore unavailable to you. Want to Upgrade?

To: Oeconomicus who wrote (130991)	9/7/2001 11:26:56 AM
From: H James Morris	Read Replies (1) \| Respond to of 164684

Hi Bob, I'm back from NYC. I had a great trip but the high light of it all was the 4 hours I spent answering questions at 1 liberty plaza. That's where the 98/99 IPO probe is being conducted by the NASDealers. Btw >the problem began in late 1998, when two companies, Yahoo and Amazon.com, began excluding certain regular expenses from their net earnings (income minus expenses) calculations. workingforchange.com

To: Oeconomicus who wrote (130991)	9/7/2001 8:31:37 PM
From: Sarmad Y. Hermiz	Respond to of 164684

>> 26% down from the 12-month high not good enough for you? And why is oil the key? No it isn't down enough yet. At this level of oil price, the gas guzzling SUV's do not sell well. And since most of the oil is imported, the purchasing power leaves the US. So the economy will run at a lower level of demand and production than if oil was priced lower. And since OPEC is determined to prop the price near the current level, then quite likely, the recovery will be delayed. >> More spending? WRONG! Try tax cuts we don't have to wait years to see. Specifically, let's have a capital gains tax cut. Either way. Tax cuts, or deficit spending. Either one would generate more demand. If neither is enacted, then recovery would be delayed (until inventories are depleted.) And the economy would run at a lower rate than in the last couple years of the 20th century, when oil was dirt cheap and deficit spending was financed by venture capitalists and stock market speculators.