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: GST who wrote (132583)	10/5/2001 7:48:23 AM
From: H James Morris	Read Replies (1) \| Respond to of 164685

Gst, as you know Sarmad has been around this thread for a long time too. This is the last post he made to you on this thread Sept 10th. I just hope he wasn't a casualty on Sept 11. I just sent him a pm to see if he's OK. Message 16327713

To: GST who wrote (132583)	10/5/2001 9:39:27 AM
From: Oeconomicus	Read Replies (2) \| Respond to of 164685

GST, Pollyanna - an irrepressible optimist or one with a tendency to always find good in everything. I looked it up months ago when someone else on an SI thread misused it as you did (probably in reference to me ;-). Note it does not say trying to find something good in everything, but implies actually finding it - even if it doesn't exist. Similarly, one can be rationally optimistic (even if others disagree on the reasons) or irrepressibly so (unwilling to consider that optimism may not be warranted). Well, that's my interpretation of Webster's anyway. Bob PS: Nobody wants to guess? Here's another quote that may define the opposite of a pollyanna - "A cynic is a man who, when he smells flowers, looks around for a coffin." - H.L. Menken.

To: GST who wrote (132583)	10/6/2001 8:48:33 AM
From: Victor Lazlo	Read Replies (1) \| Respond to of 164685

GST my issue with unemployment is that when we do have a econ 'recovery' does anyone really believe LU is going to hire back 100k people, or the defunct dotcoms and high tech companies are going to come back to life and hire back three milion people, all at the realtively good salaries? Nope. those jobs are gone. kaput. Maybe the auto makers will eventually hire back all the people they've laid off but a lot of good high-paying jobs have vaporized, and I don't see them coming back. The other issue is lesser-gainful employment. That is anyone on significant bonus or commission as part of their pay are going to take a big hit this year and next. I know a number of people in the tech and finance industries who are either earning less this yr, or are working a lot harder to make the same money. I tend to agree that the market is not yet pricing in the potential unemployment problem, esp with respect to the impact of decreasing consumer activity.