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 : Book Nook -- Ignore unavailable to you. Want to Upgrade?

To: LLCF who wrote (434)	2/20/2002 11:06:52 PM
From: Ilaine	Read Replies (3) \| Respond to of 443

>>More importantly, there is certainly redistribution.... Winnick has 1/2 a billion in his account and thousands of retirement accounts have a billion less... << Exactly. >>and meanwhile there are fiber laying ships, fiber, buildings, servers, swithes, etc. to the tune of 1/2 a billion on the auction block.<< Most probably they will be bought and put to good use eventually. There was a big crash in the railroad industry in the 19th century due to overbuilding but all that rail was used (became productive) eventually. Some people win, some people lose, but real money never leaves the casino, it just shifts from pocket to pocket.