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: craig crawford who wrote (132082)	10/10/2001 1:18:06 AM
From: Tom D	Read Replies (2) \| Respond to of 164684

The Perfect Storm: Why its different this time. Sorry to take a month to reply, but I have had some health problems. The Bubble of 2000 represented the Perfect Storm of Economic Bubbles:The synergistic coalescence of three extraordinary storms: 1) The Fed loosened U.S. monetary policy in the summer of 1998 even though there was no domestic need for it. The Fed moved to shore up the Asian economies via increasing U.S. liquidity. Its the globalization of markets. I'm not telling you anything you don't already know. Traditionally we allow 18 months for the impact on the economy. 2) The Fed loosened monetary policy to prevent a run on U.S. banks due to fears of a Y2K crisis. 3) Internet mania. In 2000 there were over 600 companies with .com in their names. In the 1920s there were about 600 companies with the word "Motors" in their name. It might be different this time around because the origins are different from typical bull markets preceding this bear market, and because the Fed is making the right moves. I just have a lot of trouble believing its going to last nine years. I'd vote for recovery in H1 of 2003. Tom

To: craig crawford who wrote (132082)	10/14/2001 8:53:32 AM
From: H James Morris	Read Replies (1) \| Respond to of 164684

Craig, remember the big fat donut? Well its coming to Seattle. Look out!:) Btw I shorted the donut once. I didn't make a dime on that transaction. Trust me.:( >In some ways, North Carolina-based Krispy Kreme is like a young Wal-Mart or Starbucks, building a strong regional base before spreading across the country. Although it was founded 1937, making it the oldest of the three biggest doughnut chains, Krispy Kreme didn't begin expanding on a major scale until the 1990s. It went public April 5, 2000, closing after the first day at a split-adjusted price of $9.25 a share. Since then, its stock has been one of the hottest on Wall Street, splitting twice. It closed Friday at $35.98, up more than 70 percent this year. It's putting up other big numbers, reporting a profit last year of $14.7 million on $448 million in sales. Krispy Kreme expects its profit to increase as much as 35 percent a year over the next three years because of store openings and existing stores' sales growth, which was 13 percent this year. The company plans to have 400 stores open within six years.