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.

Strategies & Market Trends : Booms, Busts, and Recoveries -- Ignore unavailable to you. Want to Upgrade?

To: MeDroogies who wrote (11096)	11/12/2001 6:35:12 PM
From: Moominoid	Respond to of 74559

Yeah, I've lived in Britain and Israel as well as the US and Australia.... Israel is adapting to the tech slump at the moment with high-tech salaries down 20-35% but employment in the sector has fallen very little. My brother went through one dot.com bomb (Versaware.com - e-book technology, Nomura chucked in USD 2 million just before it burned completely - they turned out to be the biggest loser :)), and then worked for an outsourcer at the National Insurance Institute. They are now on strike (as are lots of government workers) so he started work early with NDS (News Corp subsidiary developing interactive TV - NASDAQ: NNDS).

To: MeDroogies who wrote (11096)	11/18/2001 2:49:13 AM
From: TobagoJack	Read Replies (2) \| Respond to of 74559

Hi Medroogies, <<Sept. 11 certainly was an unexpected twist, wasn't it?>> Yes, the act itself, but not so much the general theme. The act is not bullish, because it set a bad precedent in an era of continuing ‘improvement’ in machines that can be ‘weaponized’. <<Money should, occasionally, be viewed from a higher moral/ethical plane>> I have no argument there, but the Confucius in me realize that if moralizing is not done consistently, with an honest scale, minus the hypocrisy, and skip the selective memory, then it is not done at all, even if occasionally. But we digress, and complicate the already dusty melee between the Crescent Crest Standard and the Cross flag. <<I'd say there are more people in not such a good situation as I, but that their situation is improving.>> Agree with the former, and will wait on the latter to prove out. <<I see 2 more quarters of declines in the GDP, a flat market, but a marked increase in reduction of revolving credit, and an increase in savings … turnaround by … August>> Disagree with the 2, but OK with the rest, which forecast that New Ec Bubble is finished and we are back to the good old cycle days, and given we have had a bubble economy with as yet an unpaid tab, maybe turn by August, but of 2004, if we are fortunate, and if not, 2005-9, corporate profitability-wise. <<The terrorist threat is overrated. People reacting to it out of fear are foolish. Our economy thrives on opportunity and new markets. This "threat" is short-term, and actually has created several new markets to deal with it. In the short run, it requires the redirection of funds. In the long run, it will create additional outlets for wealth and jobs.>> On the one hand I tend to agree that folks are overly excited, but I can understand given the scale of WTC 911. I, however, do not agree with the short-term designation, as that would indicate WTC 911 was a random event occurring without any logic of its own, and this would be untrue. Does the event matter to the economy, wealth creation and the long run? Not really, as you say, the world ex-USA has existed with the WTC 911 logic for a long time. The underlying thesis of the unwinding of a bubble economy does not require the additional event of WTC 911. Chugs, Jay